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Gold/Mining/Energy : MIRANDOR-MIQ ON MONTREAL -- Ignore unavailable to you. Want to Upgrade?

To: jocko who wrote (1823)	4/8/1998 1:31:00 PM
From: Mike Paulin	Read Replies (1) \| Respond to of 2635

For your info only,Amax DENVER, April 8 /PRNewswire/ -- Amax Gold Inc. (NYSE: AU; Toronto: AXG) announced today that its Board of Directors approved a quarterly dividend of $.9375 per share on the $3.75 Series B Convertible Preferred Stock payable on May 15, 1998, to shareholders of record as of May 1, 1998. The ex-dividend date for the preferred stock dividend distribution is April 29, 1998. Amax Gold Inc. produces gold in the United States, Chile and Russia, explores for gold primarily in the Americas, Russia and Australia, and currently is 58.8% owned by Cyprus Amax Minerals Company. Amax Gold common stock is listed on the New York Stock Exchange and the Toronto Stock Exchange and the $3.75 Series B Convertible Preferred Stock is listed on the New York Stock Exchange (AUPrB). Actual results may vary materially from any forward-looking statements that Amax Gold makes. Refer to the Cautionary Statement in the Company's most recent Form 10-K. SOURCE Amax Gold Inc. -0- 04/08/98 /CONTACT: Marj Charlier, Director, Investor Relations, 303-643-5625, or D. Michael Rounds, Director, Communications, 303-643-5186, both of Amax Gold Inc./ /Company News On-Call: prnewswire.com or fax, 800-758-5804, ext. 224250/ /Web site: cyprusamax.com (CYM AU AXG.) CO: Amax Gold Inc. ST: Colorado IN: OIL MNG SU: DIV