To: calafert who wrote (45 ) 11/16/1997 7:17:00 AM From: Keith Morley Read Replies (1) | Respond to of 84
Hi Calafert: The following message was received from "America Mineral Fields". Quote CONGO NEGOTIATIONS CONTINUE NOVEMBER 14, 1997 Trading: TSE:AMZ America Mineral Fields Inc. (the "Company") is aware of certain media reports concerning the completion of the negotiations on the Kolwezi Tailings Project. The Kolwezi Tailings Project was awarded to the Company, in accordance with the terms of the original Gecamines invitation to tender and the Company's subsequent bid, on April 13, 1997 by President Laurent Desire Kabila of the Democratic Republic of Congo. Subsequently, formal Project documentation, including a Convention Agreement, was negotiated and concluded with Gecamines and now awaits formal ratification by the Congo government. The Company has met on several occasions with the relevant members of President Kabila's cabinet and discussions have been friendly and productive. Chairman and CEO, Michael McMurrough, said "When negotiations take an extended period of time rumors are bound to grow. The Company continues to negotiate the final terms of the Convention Agreement and believes that the project documents will be finalized in the near future." On behalf of the Board America Mineral Fields Inc. "Michael McMurrough" Michael McMurrough, Chairman For further information about America Mineral Fields Inc. or the contents of this news release, please contact Michael McMurrough, Chairman and CEO at (501) 777-0600 or (604) 681-0081, or fax at (501) 777-8422, or Earl Young, Investor Relations at (972) 490-4101, or fax at (972) 490-4152. Unquote Looks like things are happinging quietly. Regards Keith