To: Wats who wrote (20 ) 12/15/1997 6:37:00 PM From: Wats Respond to of 71
Director appointedÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ AmCan Minerals Ltdÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ AMF Shares issued 27,092,269ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ Dec 12 close $0.18 Mon 15 Dec 97ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ News Release Mr Bronson Conrad reports John G. Anthony has been appointed as a director of the company. Mr Anthony isÿ aÿ South African and British National. He has been actively involved in investment banking with particular emphasis on emerging markets. He is currently a vice-president at Banque National De Parisÿ whereÿ heÿ is responsibleÿ forÿ investmentÿ bankingÿ inÿ Southernÿ Africa (Sadec Region), Romania and Turkey. Prior to joining BNP, he has held seniorÿ positionsÿ at CIGNAÿ (theÿ insuranceÿ andÿ investmentÿ house),ÿ Lloyds Merchant Bank (the British banking group), Carnegieÿ (theÿ Swedishÿ stateÿ ownedÿ Pan-European investmentÿ bankÿ andÿ brokerage), and Yamaichi International (the European arm of the Japanese Group). Based in London, he has spent considerable time in Southÿ Africa,ÿ Namibia, Zimbabwe,ÿ andÿ Turkey using his extensive investment banking and corporate finance expertise in structuring and raising financeÿ forÿ miningÿ andÿ oil resources companies. Mr Anthony has extensive knowledge of and experience in sub-Saharanÿ Africa withÿ an unparalleled network of contacts at the highest levels. He has had directorships in a number of funds and has frequently been calledÿ uponÿ to advise governments in emerging markets on their privatization programs. Mr. Anthony is the principal shareholder of Oriole Mining andÿ willÿ assume theÿ positionÿ ofÿ CEO of AmCan upon the completion of negotiations and the company's successful acquisition of Oriole. (c) Copyright 1997 Canjex Publishing Ltd. Wats