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Gold/Mining/Energy : Tappit Resources Ltd ( TPT ) -- Ignore unavailable to you. Want to Upgrade?

To: D. Bryan who wrote (9)	9/15/1999 8:08:00 PM
From: David Michaud	Read Replies (1) \| Respond to of 15

Tappit increases production from acquisitions Tappit Resources Ltd TPT Shares issued 46,315,532 Sep 14 close $0.40 Wed 15 Sept 99 News Release Mr. Lawrence Bintner reports Tappit Resources Ltd. has made production acquisitions from several partners, which increased the company's holdings in its core areas of southeast Saskatchewan. These properties, purchased at a cost of $330,000, are producing 50 barrels of oil a day, bringing Tappit's current production to 1,270 b/d. Tappit's 12-well fall drilling program is under way. The second well in the program, a horizontal well at Tatagwa (Tappit, 36-per-cent interest) began drilling Sept. 13. The well will require an estimated 10 days to drill. Tappit has two gas wells in Alberta awaiting production permitting and tie-ins. The wells are expected to produce a total of 100 barrels of oil equivalent per day.

To: D. Bryan who wrote (9)	10/19/1999 8:38:00 AM
From: David Michaud	Read Replies (1) \| Respond to of 15

Tappit proposes private placement Tappit Resources Ltd TPT Shares issued 46,315,532 1999-10-15 close $0.38 Monday Oct 18 1999 Mr. David Owen reports Tappit Resources proposes to issue to insiders, non-arm's-length and arm's-length subscribers in Alberta, Saskatchewan and Manitoba up to 3,825,000 common shares on a flow-through basis by way of private placement at a price of 40 cents per common share for proceeds of up to $1.53-million. Tappit is seeking protection of the issuance price from the Alberta Stock Exchange and will file an application within 14 calendar days of this press release. The issuance price for the private placement was determined by Tappit in accordance with the minimum pricing requirements of the ASE. No investment dealer, broker or agent will participate in this private placement.