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Gold/Mining/Energy : International Larder-Symbol LRDR on the CDN -- Ignore unavailable to you. Want to Upgrade?

To: Henry Hooymans who wrote (219)	10/29/1997 4:29:00 PM
From: Mike Perras	Respond to of 278

Henry: I wonder if this Sedex Press Release has anything to do with someone acquiring some of the Larder shares.. Think they know something? At .04 you just can't go wrong here. Think there just might be some buying again. October 29, 1997 Symbol: SDN-VSE #38-97 "Oka 5" Property Acquisition Sedex Mining Corp. (the "Company") is pleased to announce that it has entered into an option agreement to acquire 100% interest in the Oka 5 Property. This four-claim gold property is located in Powell and Cairo Townships in the Larder Lake Mining Division, Ontario. As consideration for the property the Company has agreed to pay $2,000.00 and issue 100,000 shares in four equal installments over 18 months. The optionors retain a 2% Net Smelter Returns (NSR) royalty, half of which (1%NSR) the Company may purchase at any time for $1,000,000.00. This agreement is subject to regulatory approval. Additionally, the Company has agreed to pay Tom Obradovich and 2973090 Canada Inc. a Finders' Fee for their assistance in acquiring this new property. The Company will pay 2973090 Canada Inc. and Mr. Obradovich 30,000 shares on regulatory approval and a further 30,000 shares after 90 days of sustained commercial production on the property. The finders will also retain a 1% NSR royalty. This Finders' Fee agreement is subject to regulatory approval. The acquisition of the Oka 5 protects the area around newly discovered gold zones on the Company's Oka Project and increases the overall area of the project by approximately 33%. No previous work has been conducted on the new property. The Oka Project lies just north of Royal Oak Mines' Matachewan project currently under development. On behalf of the Board of Directors, SEDEX MINING CORP. "Richard W. Hughes, President"