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Gold/Mining/Energy : Vulcan Minerals - C.VUL -- Ignore unavailable to you. Want to Upgrade?

To: R Langford who wrote (94)	1/6/1998 4:24:00 PM
From: Cyber Rock	Respond to of 415

The world is unfolding for Vulcan-- News release today-- Vulcan Minerals Inc. VUL ASE Add to Portfolio January 6, 1998 Private Placements ST. JOHN'S, Nfld., Jan. 6 /CNW/ - Vulcan Minerals Inc. (the company, ASE:VUL) announces that it has closed a private placement of 480,000 common shares at $0.25 on a flow through tax basis with a warrant attached to purchase an additional share for each warrant at $0.60 for one year. The gross proceeds of $120,000.00 will be used for petroleum exploration in western Newfoundland. As well, pursuant to a notice filed on December 17, 1997, the company has received conditional approval from the Alberta Stock Exchange for another private placement of 400,000 shares at $0.25 with a warrant attached to purchase an additional share for each warrant at $0.60 for one year. The placement is anticipated to close shortly. The gross proceeds of $100,000.00 are to be used for petroleum exploration in western Newfoundland and working capital. The Alberta Stock Exchange neither approves nor disapproves of the information contained herein. For further information: Mr. Patrick Laracy, President of Vulcan Minerals Inc., Tel: (709) 754-3186; Fax: (709) 754-3946; E-mail: laracy(at)thezone.net; Website: info-mine.com Wiil Respond further when I have more Bob. Regards Cyber Rock

To: R Langford who wrote (94)	1/6/1998 7:36:00 PM
From: Cyber Rock	Read Replies (1) \| Respond to of 415

Key facts concerning Vulcan's Diamond play in Alberta-- 1. First a bad spell of wheather in St.John's, Newfoundland-- see Website: tor.ec.ca 2. Alberta Diamond Play Vulcan own a 100% share in 2.2 million acres of diamond property staked on major structural linements (spelling?) in Alberta, a significant portion of it in the Buffalo Hills area-- see Websites: albertadiamonds.com fagan.stockscape.com exchange2000.com For specific press releases you can get additional information-- see Websites: newswire.ca info-mine.com John Kaiser has also taken note of Vulcan's properties in Provinces of Alberta, Ontario and Newfoundland and Labrador and in a recent Express included Vulcan as a "bottom fish" buy. 3. West Coast Newfoundland Press release today on private placement of 480K flow-through shares with an additional one planned in the near future to cover planned seismic activity which is to commense within the next month in relation to an oil discovery at 450 feet in West Coast Newfoundland. Furthermore, a second drill at the 45000 feet Ortivician level on this same property is planned for June 1998. It is noteworthy to mention that this oil property is adjacent to the Pan Canadian/Hunt Oil consortium. I refer you to the Government of Newfoundland's Press Release on the Hunt/Pan Canadaian major Oil Discovery in West Coast Newfoundland, just a short distance with the same "sweet crude". see Website: gov.nf.ca I have tried to be as factual as possible in this post. For additional information Pat Laracey, President, of Vulcan Minerals can be reached at-- 709-754-3186 (telephone), 709-754-3946 (fax), email: laracy(at)thezone.net. cherio, Cyber Rock