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Gold/Mining/Energy : El Misti Gold Limited (EMG V) -- Ignore unavailable to you. Want to Upgrade?

To: Mr Metals who wrote (339)	12/1/1998 11:36:00 AM
From: JAS	Respond to of 513

Good size bid at .17 Might not be a bad time to get back into this one. I remember when they did this run before and got out too early

To: Mr Metals who wrote (339)	1/6/1999 8:17:00 PM
From: robert b	Read Replies (1) \| Respond to of 513

NEWS RELEASE January 6, 1999 VSE-EMG Sedar Profile #00003879 Private Placement Financing Further to our News Release of December 16, 1998 announcing a non brokered private placement the Board is pleased to report the financing is oversubscribed and accordingly we are modifying the financing. The non brokered private placement will be up to 5,000,000 units at a price of $0.20 Cdn per unit. Each unit will consist of one common share and one non-transferable share purchase warrant. Each non transferable share purchase warrant will entitle the holder to purchase one additional common share in the capital of the company for a period of one year from the date of issue at an exercise price of Cdn $ 0.25. A commission of 7.5% will be payable on $790,000.00 of the subscribed amounts. Actual amounts received will determine the commission paid. The proceeds of the private placement will be used to pay Sinchao drill program costs, Santa Rosa property costs, convertible debenture interest and general working capital. The above placement is subject to acceptance for filing by the Vancouver Stock Exchange. Santa Rosa Project Metcon Research of Tucson, Arizona advise the test work is complete and out to an independent laboratory for verification. All work should be finalised within two weeks time. This test work will allow the finalisation of the process route for the modular process plant. This in turn will allow the finalisation of the feasibility study. For further information, please contact: Marie Antoinette Shields, Market Finance Development Phone: (604) 681-6186 Direct Fax : (604) 681-3652 On behalf of the Board, "John Huguet" John Huguet, Chairman & CEO The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.