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Gold/Mining/Energy : ORI Omni Resources, TYG Trumpeter Yukon, AKA Arkona Res. -- Ignore unavailable to you. Want to Upgrade?


To: Gramps who wrote (409)2/21/1999 12:11:00 AM
From: Gramps  Read Replies (1) | Respond to of 444
 
Can't reproduce the news release but there was a release by ORI
on friday. The company has entered into an option to purchase with A.D. Halleran on 4 mineral claims..48 units, 40 KM north of Fort St James BC. Terms are 7500 cash and 50000 shares of ORI together with a minimum of 25,000 dollars of work in 1999. The company can earn 100 % interest with the the payment of 300,000 and 200000 shares and completing 1.5 million in work on the property. The company has current funds to carry out the 1999 commitment.

Also the Company has accepted full recovery of all outstanding stock options and has issued 600000 new ones at 15 cents for a 3 year period
.Robert Smith 150000, Jon Bergvinson 150000, Debra Bergvinson 100000,
Robert Wendt 100000 and employee Mark Aplas 100000\.

ORI has placed mininig liens on all the BYG and TYG properties in the Weaton river (Mt Nansen Mill etc.) More news next week on the TYG legal action re last years AGM