Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Canabrava Diamond -- Ignore unavailable to you. Want to Upgrade?

To: 1st.mate who wrote (2300)	8/20/2001 10:40:13 PM
From: Flea	Respond to of 2402

Thanks matey. Looks good indeed.

To: 1st.mate who wrote (2300)	9/19/2001 4:32:52 PM
From: Flea	Read Replies (1) \| Respond to of 2402

Canabrava Options Property In Ontario VANCOUVER, BRITISH COLUMBIA--Canabrava Diamond Corporation (CNB-CDNX) announces that it has signed a letter agreement with Elizabeth J. Kirkwood, owner of 34 claims in the Porcupine Mining Division, Ontario. Under the terms of the agreement, Canabrava can earn a 100% interest in the Property by making cash payments of $100,000 and issuing 100,000 shares to Kirkwood over a three-year period. Upon Canabrava earning a 100% interest in the Property, Kirkwood is entitled to a 2% gross overriding royalty on production. Canabrava has the right to purchase one percentage point of the royalty for $1.0 million. Kirkwood will retain the remaining 1.0% royalty, provided that Canabrava will have a right of first refusal if Kirkwood sells or disposes of the royalty. The Property is within the area of interest of the Ontario Joint Venture with Kennecott Canada Exploration Inc. No finder's fee will be paid regarding the agreement, which is subject to regulatory approval, and Kirkwood and Canabrava are not related parties. Canabrava Diamond Corporation is actively exploring for diamonds in Brazil and Canada both independently and through major joint ventures with Kennecott Canada Exploration Inc., Navigator Exploration Corp., and Paramount Ventures and Finance Inc. The Company is 45.6% owned by Southwestern Resources Corp. (SWG-T). -30- FOR FURTHER INFORMATION PLEASE CONTACT: Canabrava Diamond Corporation Rory O. Moore President (604) 669-2525 (604) 688-5175 (FAX) Website: www.canabrava.ca Email: info@canabrava.ca or Canabrava Diamond Corporation George H. Read Vice President, Exploration (604) 669-2525 The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.