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Gold/Mining/Energy : Donner Minerals (DML.V) -- Ignore unavailable to you. Want to Upgrade?

To: Kent C. who wrote (821)	11/3/1997 6:01:00 PM
From: Ed Pakstas	Read Replies (2) \| Respond to of 11676

!!!!!!NEWS RELEASE!!!!!! Subject: Stockwatch: Donner Resources Ltd - Change Name Date: Mon, 03 Nov 1997 14:45:04 -0800 From: newsout@canada-stockwatch.com To: edpak@georgian.net Donner Resources Ltd DRZ Shares issued 18,400,762 Oct 31 close $3.00 Mon 3 Nov 97 Change Name See Donner Minerals Ltd (DML) New Listing Plan of Arrangement Pursuant to a plan of arrangement dated July 4 1997, approved by shareholders by way of special resolution passed on August 14 1997, and the Supreme Court of BC on September 9 1997, the company shall reorganize into two companies. The arrangement effects a corporate restructuring of Donner Resources Ltd and its subsidiary, Denstone International Inc (Denstone International), whereby on a post-arrangement basis, Denstone International will become a subsidiary of a new company called Denstone Resources Ltd (Denstone). Each shareholder of Donner Minerals Ltd (Donner) shall receive as to close of business on November 11 1997 (the record date) the following: 1. One common share of Donner Minerals Ltd in place of the existing common share of Donner Resources Ltd. 2. One common share of Denstone for each six common shares held by each shareholder of Donner. Holders of securities other than common shares shall receive as to close of business on the record date the following: 1. One series A special warrant of Denstone for each six series A special warrants of Donner held; 2. One series B special warrant of Denstone for each six series B special warrants of Donner held; and 3. One share purchase warrant of Denstone for each six share purchase warrants of Donner held. >From November 7 to 11 1997 inclusive, the shares of Donner shall trade on an ex-distribution basis. The share exchanges and distributions to be made under the arrangement will take place after the record date to be announced by Donner. Denstone Resources Ltd will not commence trading until all VSE requirements have been met. A further VSE notice will be published at a later date. Name Change Pursuant to the arrangement, the company has changed its name from Donner Resources Ltd to Donner Minerals Ltd. There is no consolidation of capital. Effective at the opening November 7 1997, the common shares of Donner Minerals Ltd will commence trading on the VSE, and the common shares of Donner Resources Ltd will be delisted. Capitalization: 24,279,502 shares issued Escrow: 374,960 shares Transfer agent: Pacific Corporate Trust Company Trading symbol: DML Cusip No: 257904 10 2 (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com