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Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?

To: Ironyman who wrote (20362)	8/16/1999 9:53:00 PM
From: Jim Bishop	Read Replies (1) \| Respond to of 34075

MYNG 10QSB filed today: <Item 2. Changes in Securities ----------------------------- During the quarter ending June 30, 1999, Golden Eagle used its common stock directly to raise capital and to satisfy some of its obligations. The company issued a total of 2,610,000 restricted common shares for cash to unaffiliated investors at a price of $.10 per share. These offers and sales were accomplished pursuant to the exemptions from registration found in Sections 4(2) of the Securities Act of 1933, as amended, and the rules thereunder. The funds received from these investors were used to satisfy Golden Eagle's working capital obligations associated with its exploration and evaluation activities in Bolivia, and to meet the company's goals under its agreement with the UCL. There was no underwriter involved in these transactions.>

To: Ironyman who wrote (20362)	8/16/1999 9:55:00 PM
From: Jim Bishop	Respond to of 34075

<ARTICLE: 5 PERIOD TYPE: 6-MOS FISCAL YEAR END: DEC-31-1999 PERIOD START: JAN-01-1999 PERIOD END: JUN-30-1999 CASH: 202 SECURITIES: 0 RECEIVABLES: 0 ALLOWANCES: 0 INVENTORY: 0 CURRENT ASSETS: 68,086 PP&E: 1,027,384 DEPRECIATION: (188,060) TOTAL ASSETS: 1,001,483 CURRENT LIABILITIES: 4,456,005 BONDS: 0 PREFERRED MANDATORY: 0 PREFERRED: 0 COMMON: 11,393 OTHER SE: (3,465,915) TOTAL LIABILITY AND EQUITY: 1,001,483 SALES: 9,377 TOTAL REVENUES: 9,377 CGS: 0 TOTAL COSTS: 771,522 OTHER EXPENSES: 143,517 LOSS PROVISION: 0 INTEREST EXPENSE: 144,408 INCOME PRETAX: (905,662) INCOME TAX: 0 INCOME CONTINUING: (905,662) DISCONTINUED: 0 EXTRAORDINARY: 0 CHANGES: 0 NET INCOME: (905,662) EPS BASIC: (.008) EPS DILUTED: (.008)

To: Ironyman who wrote (20362)	8/16/1999 9:57:00 PM
From: Jim Bishop	Respond to of 34075

<The Company has also been advised that on June 30, 1999, its former president, Ronald A. Knittle, who resigned in May 1996, and its current corporate secretary, Mary A. Erickson, entered into a consent agreement with the Central Office (Denver, Colorado) of the Securities and Exchange Commission to settle all allegations against them in the above pending civil action. Mr. Knittle and Ms. Erickson neither admitted nor denied any of the allegations in the SEC's complaint, but to resolve the situation they consented to the issuance of an injunction against future violations of certain securities laws and an order for disgorgement. The consent agreement is not binding on the SEC until approved by the full Commission and the Federal District Court. 10 The only defendant remaining in the SEC's civil action is Golden Eagle's president, with the only issue remaining bearing on the Company's May 22, 1998, press release regarding its receipt of a geological report on its Cangalli gold deposit. Negotiations are currently underway for the settlement of this last allegation, and the Company's president strenuously denies any wrongdoing that may be actionable under federal securities laws.>