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Gold/Mining/Energy : Barramundi Gold -- Ignore unavailable to you. Want to Upgrade?

To: Todd McMurray who wrote (12)	1/5/1999 12:14:00 AM
From: zebity	Read Replies (1) \| Respond to of 99

Barramundi (BAM) continues to get funding. Find following copy of latest news release. Barramundi has now raised over $1M towards Longline project in last 6 months. >>>>>> Release <<<<<<<< Barramundi Gold Ltd - Barramundi receives further funds Barramundi Gold Ltd BAM Shares issued 12,026,850 1998-12-31 close $0.2 Monday Jan 4 1999 Mr. Bob Burban reports The company has received further funds in the amount of $300,000 (Canadian), pursuant to the issuance of convertible notes for $300,000 (Canadian) maturing Dec. 2, 2000. The notes, together with the other notes issued, will be secured by a charge over all the assets of Barramundi. Interest will be payable on the notes at an annual rate of 8 per cent and will accrue quarterly. At Barramundi's election, interest payable may be satisfied by the issuance of common shares at an issue price based upon the average trading price of the preceding 10 days on which Barramundi shares have traded on the Alberta Stock Exchange. The note will be convertible on or before Dec. 2, 2000, at the holder's option, into units consisting of one share and one warrant at 15 cents per unit. Each warrant will be exchangeable into one share at any time up to Dec. 2, 2000, at 20 cents per share. The non-brokered convertible notes have been placed with an arm's length party, and a finder's fee of 7.5 per cent has been paid. Barramundi has also completed private placements for a total of $629,500. The placements consisted of 3,195,000 flow-through units and 1,001,667 units without flow-through attributes. The flow-through units were issued at 15 cents and consist of one flow-through share, and one flow-through warrant. The flow-through warrant allows the subscriber to purchase a further flow-through share at 20 cents at any time on or before two years from the date in December 1998 on which the warrants were issued. The flow-through shares and flow-through warrants will be subject to applicable hold periods. 1,950,000 of the flow-through units were placed with arm's length parties, and 1,245,000 flow-through units were placed with directors, employees and other non-arm's length parties. The units without flow-through attributes were issued at 15 cents and consist of one share and one warrant. The warrant allows the subscriber to purchase a further share at 20 cents at any time on or before two years from the date in December 1998 on which the warrants were issued. The shares and warrants will be subject to applicable hold periods. 666,667 of the units without flow-through attributes were placed with arm's length parties, and 335,000 units without flow-through attributes were placed with directors, employees and other non-arm's length parties. A finder's fee of 5 per cent has been paid in respect of the 1,950,000 flow-through units which were placed with arm's length parties. No other finders or other fees are payable in respect of the non-brokered private placements. The convertible note issue and private placements are now closed. The funds from the convertible notes and the private placements will be used to advance the Longline project bulk sampling/mining operation as outlined in Stockwatch Nov. 18, 1998, issued by Barramundi, and for general working capital. The issue price for the convertible notes and the private placements was determined based on the last sale price for the shares of Barramundi Gold on the Alberta Stock Exchange on Oct. 6, 1998. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com >>>>>> End <<<<<<<<<<<<

To: Todd McMurray who wrote (12)	3/4/1999 11:31:00 AM
From: Ross Orr	Read Replies (1) \| Respond to of 99

Hello, hello, is there anybody out there? Press release out this morning at 11 am. Company has received their Class B water license from the Yukon government. This will allow the company to mine 10 tons per day next summer (2000) as part of the bulk sample program. The significance of this is that the company will undertake an operation that is targeted at learning more about the vein system yet will provide a healthy profit to the bottom line. This way, if the drilling of the large anomaly turns out to be disappointing, the company has a fallback position and should not have to return to the market for more capital. Ross Orr

To: Todd McMurray who wrote (12)	12/5/1999 9:27:00 PM
From: wtfigo	Read Replies (1) \| Respond to of 99

G'day Todd, Peter Converse here. I've heard that you might be a good person to talk to regarding Barramundi Gold. I've just posted a letter in this forum (number 57) and I've got some plans to go beyond it, which I'd like to pass by you. Basically, I don't believe the current management should be there and I want to get them voted out and have Burban reinstated. I believe that they have got the numbers to be where they are simply because Ewan has a rubber stamp given to him by his perhaps not to well informed investors. What I'd like to do is forward my questions to the BAM management and with or without answers, make sure that as many shareholders as possible know about the questions/situation. I'm confident Burban will accept reinstatement if we shareholders vote the accountants out (of management positions in our mining exploration company) and Burban back in. Sure, we can't get out of the Newmont deal, but we still have plenty of properties, and big investor/company interest in the burban/property combo that as of now we are without. Not only are we without them, but it's quite possible that our company will be paying out money to Burban in a lawsuit on top of losing him! I think it's crazy and certainly detrimental to our investment. By the way, I believe that the management will have to front up and answer my questions by law. I hope my questions expose their lack of management skills such as appropriate expertise, communication skills and direction. PC aka Madame Lefarge