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To: Milk who wrote (412)	1/5/1998 1:10:00 PM
From: Ed Pakstas	Respond to of 783

Subject: Stockwatch: Poplar Resources Ltd - News Release Date: Mon, 05 Jan 1998 10:08:03 -0800 From: newsout@canada-stockwatch.com To: edpak@georgian.net Director appointed Poplar Resources Ltd PPX Shares issued 16,155,679 Jan 2 close $0.25 Mon 5 Jan 98 News Release Mr Gennen McDowall reports Bernt Honeth has been appointed to the board of directors. Mr Honeth is a mining engineer with considerable experience in diamond exploration and development in South Africa, an area where Poplar has important diamond interests. He has served as managing director for mining companies in South Africa, Scandinavia and Canada, and is currently the managing director of Savannah Diamondfields. Mr Honeth will be working full time developing the Aardvark and Barkly West diamond-fissure projects in South Africa that were assembled by Savannah Diamondfields. Poplar has an agreement with Savannah whereby Poplar can earn up to 60% of that company as reported in Stockwatch November 19 and 20 1997. The Aardvark and Barkly West kimberlite fissure systems are in the traditional Theunissen and Barkly West diamond fields, and are comparable to the Klipspringer diamond fissure being developed by SouthernEra. A recent consultant's report by Dr Raymond Davies indicates that the Aardvark and Barkly West fissure properties are diamondiferous. These projects contain between them a complex system of kimberlite fissures, or dykes, with attendant blows or small pipes, as well as mineable tailings, alluvial gravels and kimberlite pipes. Mr Honeth hopes to begin bulk sampling early in 1998. Prospecting permits are currently being applied for and are expected to be issued in January or February 1998. He is also hoping to expand the two properties through further acquisitions and more detailed mapping of the current systems. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

To: Milk who wrote (412)	1/5/1998 3:47:00 PM
From: Ed Pakstas	Respond to of 783

Subject: Stockwatch: Poplar Resources Ltd - Options Proposed Date: Mon, 05 Jan 1998 12:21:48 -0800 From: newsout@canada-stockwatch.com To: edpak@georgian.net Poplar Resources Ltd PPX Shares issued 16,155,679 Jan 2 close $0.25 Mon 5 Jan 98 The company has granted an incentive stock option for 200,000 shares at $0.22. The options must be exercised on or before January 5 2002. The company also reports that 125,000 previously granted stock options are being renegotiated as to price only, as the exercise price is considerably higher than the current market price of the company's shares. These options will have to be exercised within five years of their original grant date. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com