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


To: SAM-DAN who wrote (10177)11/18/2002 2:56:52 PM
From: Al Collard  Respond to of 11802
 
CZZ-v...in the news:

Canadian Royalties Inc. Announces Private Placement of Flow Through Shares and Units of up to $8,500,000 with Dundee Securities Corporation

newswire.ca



To: SAM-DAN who wrote (10177)11/19/2002 9:44:04 AM
From: Al Collard  Read Replies (1) | Respond to of 11802
 
CZZ-v...in the news:

Mesamax Drill Results - Palladium Overlimit Assays from Drill Hole MXNW-02-18 average 443 g/t (12.92 oz/ton) Pd over 3.0 m

newswire.ca



To: SAM-DAN who wrote (10177)11/19/2002 5:13:51 PM
From: Al Collard  Respond to of 11802
 
CZZ-v...in the news: looks like the pump is on for this stock. The news releases just keep a coming.

Private Placement with Dundee Securities Corporation Increased to $9,000,000

newswire.ca

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Montoro's Nunavik claims optioned by Cdn Royalties

Tue 19 Nov 2002

News Release

Montoro Resources has signed an option agreement with Canadian Royalties,
whereby Canadian Royalties can earn a 100-per-cent interest in a block of
81 map-designated units in the Nunavik (Ungava) region of Northern Quebec.
The claims are bounded by Canadian Royalties' 100-per-cent-owned properties
to the east and west and situated approximately 40 kilometres west of the
Expo-Ungava and Phoenix properties.
The property covers the continuation of geological terrain that is
considered part of a series of ultramafic bodies that extend throughout the
40-kilometre-long Expo-Ungava joint venture property and other Canadian
Royalties 100-per-cent-owned ground on the South Raglan trend.
Canadian Royalties can earn the 100-per-cent interest in the Montoro
property through exploration expenditures of $500,000 over the next four
years, at which time Canadian Royalties will grant Montoro Resources a
1-per-cent net smelter return royalty. The property is subject to an NSR
royalty held by 862539 Alberta Ltd., a private company controlled by a
director of Canadian Royalties.
Canadian Royalties will give Montoro Resources an option payment of $30,000
upon approval of the transaction by the TSX Venture Exchange. The addition
of this property gives Canadian Royalties property interests in land
extending almost continuously along the favourable South Raglan trend for
90 kilometres.