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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: Bruce Robbins who wrote (2995)	4/10/2002 2:54:56 PM
From: Pete	Respond to of 39344

YWO.V update- they have announced a special warrants financing of $822,000.00 Today they also announced another land deal with another major- this time it is Newmont, on the Skinner Gold property. YWO is currently drilling the Monument Bay gold property with jv partner Bema Gold Inc. The first hole they released (last week) was .91 oz/ton over 2.65 meters. -------------------------- Wolfden raises $882,000 under special warrant financing Wolfden Resources Inc YWO Shares issued 15,111,921 Apr 9 2002 close $.820 Wednesday Apr 10 2002 News Release Mr. Ewan Downie reports WOLFDEN COMPLETES FINANCING Wolfden Resources has completed the offering of 600,000 Class A special warrants, at a price of 42 cents per Class A special warrant, and 1.8 million Class B special warrants, at a price of 35 cents per Class B special warrant, for gross proceeds of $882,000, through a syndicate led by Canaccord Capital Corporation and Dundee Securities Corporation (collectively the agents). The agents received for their services in connection with the offering a total of 240,000 Class B special warrants. Each Class A special warrant is exercisable, for no additional consideration, for one flow-through common share of Wolfden, and each Class B special warrant is exercisable, for no additional consideration, for one common share and one-half of one warrant of Wolfden provided that a receipt is issued for a final prospectus of Wolfden which qualifies the issue of such flow-through common shares, common shares and warrants by Sept. 6, 2002, failing which each Class A special warrant will be exercisable, for no additional consideration, for 1.1 flow-through common shares, and each Class B special warrant will be exercisable, for no additional consideration, for 1.1 common shares and 0.55 of one warrant. Each whole warrant will be exercisable for one common share of Wolfden at a price of 55 cents per common share until April 9, 2004. The proceeds from the private placement will be used to finance the exploration of the High Lake property and for general working capital.