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Gold/Mining/Energy : Dynamix Corp (DYX was Dakota Resources, DAK) -- Ignore unavailable to you. Want to Upgrade?


To: Benjamin Ng who wrote (432)2/3/1998 7:09:00 PM
From: Laser  Respond to of 587
 
Ben, good comments. Looks like it's for real this time. Have to give
Richard credit for putting this deal together. Thanks Richard if
you're lurking on this thread, from a long-suffering shareholder!
Best of luck to all.



To: Benjamin Ng who wrote (432)2/6/1998 4:40:00 PM
From: JIM FINDLATER  Read Replies (1) | Respond to of 587
 
Hi Ben,

******NEWS RELEASE***********

ubject:
Stockwatch: Dakota Resources Limited - News Release
Date:
Fri, 06 Feb 1998 13:13:11 -0800
From:
newsout@canada-stockwatch.com
To:
JIM_FINDLATER@bc.sympatico.ca

Bank financing secured; acquisition to close

Dakota Resources Limited DAK
Shares issued 16,179,587 Feb 5 close $0.24
Fri 6 Feb 98 News Release
Mr Richard LeBlanc reports
The company has secured a commitment from the Bank of Montreal for a
capital loan of $300,000 for the acquisition of Fastway Exploration. Dakota
is pleased with this achievement; an established banking relationship is
instrumental in realizing the long term business plan.
Dakota has partially filled the 1,000,000 private placement, with current
commitments totalling $235,000 to date. Additionally, the company has
received commitments for the exercise of outstanding warrants to yield
proceeds of $185,850. The company contemplates closing the Fastway
acquisition on or before February 13 1998.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

Cheers Jim