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


To: Flea who wrote (475)5/29/1998 6:59:00 PM
From: Flea  Read Replies (1) | Respond to of 773
 
Northern Abitibi Mining Corp -

Legal claim settled

Northern Abitibi Mining Corp
NAI
Shares issued 22799405
1998-05-29 close $0.75
Friday May 29 1998
Also Hymex Diamond Corp (HMD)
Mr. Glen Harper reports
Northern Abitibi has been informed that the VSE has approved the settlement of the legal claim to the
Milo property with Hymex Diamond Corp.
In settlement of the legal claim, Northern Abitibi will receive 500,000 shares of Hymex and $260,000
(U.S.) as payment to purchase a loan receivable in that amount, payable with interest on closing. The
closing date will be June 25, 1998,
Northern Abitibi's proposed private placement announced in Stockwatch April 16, 1998 will not be
completed.