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Gold/Mining/Energy : Brimstone Resources -- Ignore unavailable to you. Want to Upgrade?

To: Kent C. who wrote (6)	3/20/1998 2:54:00 PM
From: Sean Beingessner	Respond to of 19

BRIMSTONE GOLD CORP. Suite 850, 1095 West Pender Street, Vancouver, British Columbia V6E 2M6 Telephone: (604) 689-1428 / Fax: (604) 681-4692 March 18, 1998 SYMBOL: BSC - VSE NEWS RELEASE Brimstone Gold Corp. (the "Company") announced that it has negotiated a brokered private placement with Thomson Kernaghan & Co. Ltd. (the "Agent"), Toronto, Ontario, of up to 3,000,000 Units at $0.27 each for gross proceeds of $810,000. Each Unit will consist of one common share and one share purchase warrant. One share purchase warrant together with $0.40 will enable the holder to purchase one additional common share for a period of one year. The Agent will receive a commission of 7% of the gross proceeds payable in the form of Units. The Agent will also be issued compensation options entitling the Agent to purchase 10% of the total number of Units sold, at the price of $0.27 per Unit, exercisable for a period of two years from the closing date. In addition, the Company is proposing an additional non-brokered private placement of up to 1,300,000 Units at $0.27 each for gross proceeds of $351,000. Each Unit will consist of one common share and one share purchase warrant. One share purchase warrant together with $0.40 will enable the holder to purchase one additional common share for a period of one year. The proceeds will be used to fund further exploration at the Mayflower Gold Mine, located near Whitehall, Montana. The brokered private placement and non-brokered private placement are subject to acceptance for filing by the Vancouver Stock Exchange. - 30 - For further information, please contact: David Rovig (406) 245-9520 The Vancouver Stock Exchange has neither approved nor disapproved the information contained herein.

To: Kent C. who wrote (6)	3/20/1998 2:55:00 PM
From: Sean Beingessner	Respond to of 19

NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS FOR: GREYSTAR RESOURCES LTD. VSE SYMBOL: GSL MARCH 19, 1998 Greystar Acquires Brimstone Units VANCOUVER, BRITISH COLUMBIA--Greystar Resources Ltd. has agreed to purchase 1 300 000 units of Brimstone Gold Corp. by way of private placement at a price of $0.27 per unit for a total subscription cost of $351,000. Each unit consists of one share and one share purchase warrant. Each share purchase warrant can be exercised to purchase an additional share at $0.40 per share for a period of 12 months. Dave Rovig, an officer and director of Greystar, is also an officer and director of Brimstone Gold Corp. The acquisition is subject to acceptance for filing by the Vancouver Stock Exchange. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Greystar Resources Ltd. David Rovig (406) 245-9520 greystarresources.com The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.