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Gold/Mining/Energy : Tusk Energy (TKE) -- Ignore unavailable to you. Want to Upgrade?


To: grayhairs who wrote (523)6/2/1998 11:36:00 AM
From: Scotchman  Respond to of 1207
 
Dalton Resources Ltd.
DAL ASE<Picture>Add to PortfolioJune 2, 1998

Completes Private Placement

CALGARY, June 2 /CNW/ - Dalton Resources Ltd. (DAL.ASE) announces the completion of a non-brokered private placement of 1,676,251 units at a price of $0.30 - $0.32 per unit, each unit comprised of one flow-through share and one-half share purchase warrant entitling the holder to acquire a common share of Dalton at a price of $0.40. Total proceeds to Dalton from the placement was $506,000. The funds raised will be utilized for Dalton's upcoming capital expenditures in the Strachan area.

THE ALBERTA STOCK EXCHANGE NEITHER APPROVES NOR DISAPPROVES OF THE INFORMATION CONTAINED HEREIN.

For further information: Doug Robertson, President, (403) 264-0622, Fax: (403) 264-4535, E-mail: dalton(at)nucleus.com., Website: daltonr.com



To: grayhairs who wrote (523)6/2/1998 1:31:00 PM
From: Ed Pakstas  Read Replies (1) | Respond to of 1207
 
Grayhairs... These Strachan puppies are activating quite nicely today... Your scouting abilities are required and appreciated...:-)))...ed



To: grayhairs who wrote (523)6/2/1998 4:25:00 PM
From: kingfisher  Read Replies (1) | Respond to of 1207
 
Thanks Grayhairs,Your input and knowledge is very much appreciated.Could the Grayhairs effect been responsible for todays action?It seems every time you contribute details of a technical nature Tusk and the Strachan sisters move.
I will be out on my 12th floor balcony with my binoculars gazing west this Saturday evening and hope to see a faint flame from Strachan illuminating the horizon.If such flame is sighted then we must have one hell of a gas well because I live 2400 miles east of Calgary!The only red glow that I probably will see are from the slag dumps at Inco.

Take Care

Richard