To: Mr Metals who wrote (14003 ) 11/11/1999 1:19:00 PM From: CIMA Respond to of 150070
RGZ.V - While the company is technically inactive according to VSE regs I wouldn't consider these releases of the last couple of weeks an indication of inactivity (notice Friedland is involved and still waiting on a release today): RANDSBURG INTERNATIONAL GOLD CORP. ("RGZ") NOTICE TYPE: Private Placement-Non-Brokered, Remain Inactive NOTICE DATE: November 8, 1999 The Vancouver Stock Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 9, 1999: Number of Shares: 1,430,000 shares (of which 437,143 are flow-through) Purchase Price: $0.35 per share Warrants: 1,430,000 non-transferable share purchase warrants to purchase 1,430,000 shares Warrant Exercise Price: $0.35 for a one year period $0.41 in the second year Placees: John Weiss 21,088 Dr. Bilkish Pirbhai 328,571 F/T Donald Sharp 21,429 F/T George Van Voorhis 657,564 Moorefield Ltd. (Phillipe Missillier) 28,571 Paul V. John 87,143 F/T Gary Friedland 285,714 These securities have not yet been issued. The Company must issue a news release when the private placement closes. In addition, the Company must issue a news release if the private placement does not close promptly. The Company was declared 'Inactive' on December 31, 1997. The Inactive designation will be maintained until the Company has completed its reorganization RANDSBURG INTERNATIONAL GOLD CORP. ("RGZ") NOTICE TYPE: Property-Asset Acquisition NOTICE DATE: October 27, 1999 The Vancouver Stock Exchange has accepted for filing a Memorandum of Understanding dated June 17, 1999 between the Company and Lake Superior Resources Corp. (Howard Barrie, Michael Opara, Ralph Boers and Fred Swain) whereby the Company has acquired a 50% joint venture interest in 470 mineral claims located in the Van Hise Township, Ontario. Consideration is comprised of $160,000 in exploration expenses and the issuance of 75,000 common shares upon completion of 2 drill programs. (Or 40,000 common shares if the results are unfavorable from the 2nd drill program).