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Gold/Mining/Energy : Northern Abitibi Mining (NAI-ASE) -- Ignore unavailable to you. Want to Upgrade?


To: Ed Pakstas who wrote (291)2/26/1998 3:59:00 PM
From: wayne cath  Read Replies (1) | Respond to of 773
 
Settlement agreement amended

Northern Abitibi Mining Corp NAI
Shares issued 22,799,405 Feb 25 close $1.69
Thu 26 Feb 98 News Release
See Hymex Diamond Corp (HMD) News Release
Mr George Oswald reports
Hymex has reached agreement with Northern Abitibi to amend its sale and
settlement agreement of September 16 1997 with Northern Abitibi by
extending for up to two years the December 31 1997 deadline for approval of
the agreement and related transactions by the VSE.
In consideration of the extension, Hymex will pay Northern Abitibi
US$25,000 for each calendar quarter after December 31 1997 until VSE
approval has been obtained.
This amendment resolves the issues addressed by Northern Abitibi in
Stockwatch February 25.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com



To: Ed Pakstas who wrote (291)2/26/1998 3:59:00 PM
From: Ed Pakstas  Read Replies (1) | Respond to of 773
 
OK Wayne...Ya beat me by a split second... :-) ...ed