Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Adamas Resources (V.AMS) -- Ignore unavailable to you. Want to Upgrade?

To: Howard H Bouch who wrote (1845)	2/10/1999 5:27:00 PM
From: JIM FINDLATER	Respond to of 2015

***********NEWS RELEASE**************** Subject: Stockwatch: Adamas Resources Corp - News Release Date: Wed, 10 Feb 1999 12:19:22 -0800 From: newsout@canada-stockwatch.com To: JIM_FINDLATER@bc.sympatico.ca Adamas to redirect business activities; stock options cancelled Adamas Resources Corp AMS Shares issued 7,617,989 Feb 9 close $0.05 Wed 10 Feb 99 News Release Mr. Richard Silas reports Due to extreme negative conditions in the resource sector, the company is presently considering opportunities and acquisitions in other industries which would significantly redirect the activities of the company. In the interim, no further funds will be used for the development or acquisition of mineral projects. Any future acquisitions in the technology (Internet) or industrial sector will be subject to approval by the VSE. Effective, Feb. 10, 1999, the company has cancelled 50,000 director stock options at 22 cents and has granted and applied for 525,000 director/employee incentive stock options exercisable for two years at 15 cents per share. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com Cheers Jim