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Gold/Mining/Energy : Centurion Mines CP (CTMC) -- Ignore unavailable to you. Want to Upgrade?

To: Vic Glassley who wrote (74)	7/17/1998 4:17:00 PM
From: Vic Glassley	Read Replies (1) \| Respond to of 89

Friday July 17, 2:36 pm Eastern Time Company Press Release Grand Central Silver Reaches Settlement With Former President COEUR D'ALENE, Idaho--(BUSINESS WIRE)--July 17, 1998--Grand Central Silver Mines (NASDAQ:GSLM - news) Friday announced that it has reached a settlement with Dr. Spenst M. Hansen and other parties named in a lawsuit filed on April 28, 1998. Under the terms of the agreement, the company will sell certain property assets in the Tintic Mining District to Dr. Hansen and his affiliates in exchange for return of GSLM shares and cash, and the parties will exchange mutual releases. In entering into the Settlement Agreement, no party to the litigation admitted any liability as to any matter. Grand Central Silver Mines Inc. is a U.S. based exploration company focusing on silver projects in Utah, Nevada, and Mexico. Contact: Grand Central Silver Mines Inc., Coeur d'Alene John Ryan, 208/769-7340 David Nahmias, 800/361-6914