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Gold/Mining/Energy : International Tournigan(ITG.V)announces major discovery -- Ignore unavailable to you. Want to Upgrade?

To: bert coish who wrote (280)	6/29/1998 9:52:00 PM
From: rdww	Read Replies (1) \| Respond to of 347

well there's news today - not I suspect what we were looking for - kinda makes ya feel sorry for the poor boys who run this puppy. Had to get their options repriced because they were so out of the money. Gee I forgot - I'm outta the money too. Hope that there are better releases to come - but I'm blue in the face, so I shant be holding my breath. International Tournigan Corporation ITG Shares issued 16,553,331 Jun 29 close $0.69 Mon 29 Jun 98 The company will cancel and issue 704,000 options originally granted at $2.50, not 722,000 options as previously announced. The company will grant to certain optionees whose $2.50 options are being cancelled and regranted an additional 58,000 options not 17,000 as earlier announced. The company will grant an additional 334,000 options to directors and employees and not 324,000. The repriced options will be at 60 cents per share.

To: bert coish who wrote (280)	6/30/1998 9:59:00 PM
From: rdww	Read Replies (1) \| Respond to of 347

here we go finally - a NR of the PP $2,272,500 private placement International Tournigan Corporation ITG Shares issued 16,553,331 Jun 30 close $0.69 Tue 30 Jun 98 News Release Mr. A.E. Daem reports The company has entered into a letter of engagement with Global Securities to act as agent on a best efforts basis for an offering of up to 3,496,154 special warrants at 65 cents for up to $2,272,500. Each special warrant will, upon exercise and without payment of additional consideration, entitle the holder to receive one unit, with each unit comprised of one share and one warrant to purchase one share at 65 cents in year one and at 75 cents in year two. This offering replaces an offering of special warrants by Global Securities, previously announced on April 27, 1998. The company has terminated the offering of special warrants by Taurus Capital Markets previously announced on April 27, 1998. The company has agreed to use reasonable efforts to qualify for the BCSC short hold period system. Upon qualification for use of the short hold period system, the shares to be issued as part of the units upon exercise of the special warrants will be subject to a required hold period in British Columbia of four months from the date of issue of the special warrants. Global will offer for sale 3,496,154 special warrants and receive a cash commission equal to 9 per cent of the proceeds raised, or 10 per cent in units, based on total units sold. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com