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Gold/Mining/Energy : Latitude Minerals LTU.V -- Ignore unavailable to you. Want to Upgrade?

To: Ed Pakstas who wrote (41)	6/16/1998 5:15:00 PM
From: Ed Pakstas	Read Replies (1) \| Respond to of 366

**NEWS RELEASE** 2m special warrants at 15 cents Latitude Minerals Corp LTU Shares issued 2,247,842 Jun 15 close $0.49 Tue 16 Jun 98 Private Placement The VSE has accepted for filing a brokered private placement of 2,000,000 special warrants at 15 cents. Warrants: For 2,000,000 shares Wt exercise price: 15.75 cents in year one; 18 cents in year two Placees: Walker's Management 500,000; 495488 BC (Yves Rozen, Jennifer Beaston) 200,000; St. Helier Holdings 130,000; and 32 others Agent: Union Securities Commission: 5 per cent of the gross proceeds in either cash or shares at 15.75 cents plus agent's special warrants to purchase up to 15 per cent of the number of special warrants sold and a $10,000 corporate finance fee (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

To: Ed Pakstas who wrote (41)	6/18/1998 11:28:00 PM
From: Joel W. Grothendick	Respond to of 366

Hi Ed, Just got back from vacation today. I was a bit surprised to see the n/r's. Thanks for posting them. Unfortunately, I was not surprised to see the rest of the svbs down more since I left. I hope for some good news soon to help fuel a rebound. Meanwhile, LTU is still strong and I only see it getting stronger. I believe that Blue Hill is just the beginning of the real value being added to ltu and think that the market will recognize this in the future. Regards, Joel