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Gold/Mining/Energy : KERM'S KORNER -- Ignore unavailable to you. Want to Upgrade?

To: Herb Duncan who wrote (11402)	6/23/1998 5:13:00 PM
From: Kerm Yerman	Respond to of 15196

CORP. / Robert W. Lamond and Humboldt Capital Corporation Increase Interest in Diaz Resources Ltd. HUMBOLDT CAPITAL CORPORATION VSE SYMBOL: HMB.A JUNE 22, 1998 CALGARY, ALBERTA--Robert W. Lamond, a company wholly owned by Mr. Lamond, and Humboldt Capital Corporation, a public company controlled by Mr. Lamond, advise that they have acquired an additional 519,500 Class A Subordinate Voting Shares of Diaz Resources Ltd. ("Diaz") (VSE: DZR.a/DZR.b), options to purchase a further 250,000 Class A Subordinate Voting Shares and 107,500 Class B Multiple Voting Shares of Diaz. All of the shares were purchased on the Vancouver Stock exchange except for 500,000 Class A Subordinate Voting Shares, which were acquired privately from Diaz as part of a flow through share issue. As a result of the acquisition, Mr. Lamond, the wholly owned private company and Humboldt Capital Corporation own 3,922,362 Class A Subordinate Voting Shares and options to purchase a further 350,000 Class A Subordinate Voting Shares. Assuming the options are exercised, this represents 54.3 percent of the outstanding Class A Subordinate Voting Shares. In addition, they own 3,510,361 Class B Multiple Voting Shares or 56.0 percent of the outstanding Class B Multiple Voting Shares. The acquisitions are for investment purposes and each of Mr. Lamond and Humboldt may from time to time, as market opportunities exist or develop, increase their beneficial ownership of or control and direction over shares of Diaz through normal market purchases or otherwise as permitted by securities regulations. R.W. Lamond is the Chairman of the Board of, and holds approximately 60 percent of the outstanding shares of Humboldt.