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Gold/Mining/Energy : WWS.T World Wide Minerals -- Ignore unavailable to you. Want to Upgrade?

To: tango who wrote (368)	3/17/1998 8:31:00 AM
From: traacs	Respond to of 784

World Wide Minerals Ltd - Globe says chief acquires 6.4 million shares World Wide Minerals Ltd WWS Shares issued 53039225 1998-03-16 close $0.25 Tuesday Mar 17 1998 The Globe and Mail reports in its Tuesday, March 17, edition that the president and chief operating officer of World Wide Minerals, Wallace Mays, has acquired a total of 6.4 million common shares of the company in private transactions, giving him a total of 7.6 million common shares, or approximately 13 per cent of the 58 million shares outstanding. The Globe's Investment News column reports that Mr Mays also holds options to purchase another 150,000 common shares under the company's employee stock option plan. World Wide Mineral's chairman and CEO, Paul Carroll, acquired 6.63 million common shares of the company in a private transaction, giving him a total of 7.39 million common shares, or 12.7 per cent of those outstanding. He holds options to purchase another 400,000 common shares under the company's employee stock option plan. The executives purchased the shares for investment purposes only, the company said. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com

To: tango who wrote (368)	3/18/1998 4:50:00 PM
From: traacs	Read Replies (1) \| Respond to of 784

NB98.11-2] Canada: World Wide Minerals Ltd. (WWM) has reported a refinancing of its debt and restructuring of its management. The changes see WWM increasing its ownership in the Dornod uranium project in Mongolia by purchasing WM Mining Company's 10 percent interest in the project and also the appointment of Wallace Mays as president and chief operating officer of WWM. WWM also reported that it has been advised by Kazakhstan that its government 'recognises...it has a responsibility to repay the company's investment in that country. However, no offer of compensation has yet been received'. (FreshFuel, 16 March, p1; see also News Briefing 97.39-1) uilondon.org