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Gold/Mining/Energy : JAVA GOLD -- Ignore unavailable to you. Want to Upgrade?


To: Abner Hosmer who wrote (41)4/15/1998 5:04:00 PM
From: Ron Everest  Read Replies (1) | Respond to of 121
 
Tom:

JVAG has completed the ABX purchase. This will help the Mongolian efforts for JVAG and IPJ investment in this company. IMO it is positive that ABX has specified that 80% of these funds will be used to advance the Mongolian claims.

NEWS RELEASE

$788,750 financing completed

Java Gold Corp JVAG
Shares issued 28,994,483 Apr 14 close $0.29
Wed 15 Apr 98 News Release
Mr Armand Beaudoin reports
The company has completed the issue of 2,253,571 units for gross proceeds
of $788,750. Each unit is comprised of one share and a half warrant, each
full warrant entitling the holder to subscribe for one share at $0.50 until
June 30 1999.