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Gold/Mining/Energy : Royal International Venture RIL.V (was Labrador Int'l LAB) -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (791)	5/11/1998 12:59:00 PM
From: Flea	Respond to of 3380

Labrador International Mining Ltd - Financing clarified Labrador International Mining Ltd LAB Shares issued 10561308 1998-05-08 close $0.51 Monday May 11 1998 Mr. Jerry Bradley reports Further to news in Stockwatch dated May 7, 1998, the financing negotiated with Union Securities will consist of 6-million special warrants at 37.5 cents for total proceeds of $2,250,000. Each special warrant will entitle the holder to acquire one unit consisting of one share and one warrant for no additional consideration to purchase one share for 37.5 cents the first year and 42.5 cents the second year. All further terms and conditions.