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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?

To: marcos who wrote (4252)	10/18/2001 6:18:34 PM
From: Al Collard	Respond to of 11802

Hi marcos, news just released on GEO: Geomaque Advancing Loan Restructuring TSE Symbol: GEO TORONTO, Oct. 18 /CNW/ - Geomaque Explorations Ltd. today announced that it is continuing to work with its principal lender, Resource Capital Fund II L.P. of Denver, Colorado ("RCF"), on the restructuring of its credit and security arrangements with RCF under the agreement dated June 9, 2000 (the "Credit Agreement") and, has reached agreement with RCF to further extend the time to finalize the terms of this restructuring to November 6, 2001. In the meantime, RCF has deferred all payments required under the Credit Agreement. Geomaque Explorations Ltd. is an international mining company that is producing gold from its Vueltas del Rio Mine in Honduras and San Francisco Mine in Mexico, and exploring for precious metals in the Americas.