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Gold/Mining/Energy : Tyhee (Toronto Stock Exchange) -- Ignore unavailable to you. Want to Upgrade?


To: d:oug who wrote (15)5/23/2000 5:33:00 PM
From: d:oug  Respond to of 695
 
Roger G. Sylvestre, Executive Vice-President Tyhee Development Corp.

Tyhee Development Corp.5/23/00 - Financing
TYHEE DEVELOPMENT CORP
("TDC-V;TYHJF-L") - Financing

Tyhee Development Corp. (the "Company") reports that,
subject to CDNX approval, it has agreed to re-price
the private placement announced March 14, 2000
(Release 4 Series 2), to $0.75 per unit.

Each unit consists of one previously
unissued share and one non-transferable,
one-year share purchase warrant.

Each share purchase warrant allows
the placee to purchase one previously
unissued share of the Company in the
first year for $0.75.

A finders fee is payable in warrants
on a portion of this placement,
to be paid upon closing of the placement
according to the policy and procedures
of the Canadian Venture Exchange.

The funds will be used to acquire
resource properties of merit
and for general working purposes.

TEL: (604) 681-2877
Roger G. Sylvestre, Executive Vice-President
FAX: (604) 681-2879 Tyhee Development Corp.

(c) Market News Publishing Inc. Tel:(604) 689-1101
All rights reserved.
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[ PRIOR NEWS RELEASE ]

Tyhee Development Corp.
3/16/00 - Financing

...To sell by way of a private placement
to several arms-length investors,
800,000 units at $0.90 per unit to raise $720,000.

Each unit consists of one previously
unissued share and one non-transferable,
one year share purchase warrant.

Each share purchase warrant allows the placee
to purchase one previously unissued share of
the Company in the first year for $0.90.

A finders fee.....

The funds will be used to acquire resource properties
of merit and for general working purposes.

TEL: (604) 681-2877
Dr. D.R. Webb
FAX: (604) 681-2879