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Gold/Mining/Energy : RIOSUN--TRIPLED SINCE DEC 1st -- Ignore unavailable to you. Want to Upgrade?

To: Ed Pakstas who wrote (159)	4/29/1998 12:11:00 PM
From: Ed Pakstas	Respond to of 208

Eximad negotiations concluded Riosun Resources Corp RSR Shares issued 9,420,325 Apr 24 close $0.45 Wed 29 Apr 98 News Release Mr. Ken Hughes reports Negotiations have been concluded with the minority shareholder in the Eximad Emerald mine company Eximad SARL, to purchase all the remaining outstanding 20 per cent interest and shares. Riosun or related parties, will own and control 100 per cent of the mine, and all assets and concessions. One of the benefits of the agreement is the cancellation of a previous commitment to issue 2,500,000 shares to the vendor of the Eximad property. Instead, the company will issue 600,000 shares. The company is proceeding to effect operation of the mine as soon as possible. Delays related to severe weather prevented the company personnel from commencing start-up of the mining at an earlier date. Start-up is expected in the month of May, 1998. Michael Ross of Vancouver, and Griff Lloyd of Calgary have been nominated for the appointment to the board of directors, to be confirmed at the upcoming AGM, to be held in June. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

To: Ed Pakstas who wrote (159)	4/29/1998 3:30:00 PM
From: Jeff Hackett	Read Replies (1) \| Respond to of 208

Thanks for the information on your purchases, Ed. I wish you well with them and sorry if you felt I was doubting your integrity. However, as for your information being your business...well...that's true up to a point. After all, as a share-holder of this Company myself, I would take a dim view of "the source" of your "information" being one of the officers or someone thereby related,so if that ever came to light you may find people asking you for some more detailed answers. And, as for the timing, well, if the stock shoots-up in the short term or some spectacular announcement shortly comes to light it still sounds a little suspicious to me. Unless, of course, you bought on momentum?!