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Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?

To: TomNY who wrote (10399)	3/24/1999 12:13:00 PM
From: David L Kosakowski	Read Replies (3) \| Respond to of 25548

Hey Tom, ya wanna go crazy today? Just spoke with Earl re: news release and he said AFTER CLOSE OF MARKET TODAY!!!!!!!

To: TomNY who wrote (10399)	3/24/1999 3:05:00 PM
From: Handshake™	Respond to of 25548

Reaching for news... Wednesday March 24, 2:23 pm Eastern Time Company Press Release Dayton Mining Engages Nesbitt Burns as Its Financial Advisor VANCOUVER, British Columbia--(BUSINESS WIRE)--March 24, 1999--Dayton Mining Corporation (''Dayton'') (TSE:DAY. - news; AMEX:DAY - news; Debentures TSE: symbol DAY.DB.V). As disclosed in Dayton's Management Information Circular dated March 1, 1999, Dayton engaged Nesbitt Burns Inc. as its financial advisor in connection with the proposed conversion of Dayton's convertible debentures into common shares. Nesbitt Burns' services include, among other things, the preparation and delivery to the board of directors of Dayton of the Fairness Opinion attached as Appendix E to the Circular. As disclosed in both the Circular and the Fairness Opinion, Nesbitt Burns will receive fees for its services in connection with this transaction, a portion of which is contingent upon completion of the conversion. At the request of the British Columbia Securities Commission, Dayton advises that approximately 90% of the total fees payable to Nesbitt Burns will be paid only if the conversion is completed. The board of directors of Dayton considers the fees negotiated with Nesbitt Burns to be commercially reasonable. An estimate of the total costs related to the conversion and consolidation, including legal and accounting fees, travel, printing costs, and the fees and expenses of Nesbitt Burns, can be found attached to the Circular at Appendix G-4, Note 2(b)(v) to the pro-forma consolidated balance sheet. Dayton Mining Corporation holds a 100% interest in the Andacollo Gold Mine located in central Chile, and trades on both the American Stock Exchange (AMEX) and Toronto Stock Exchange (TSE) under the trading symbol DAY. For further information please contact Diane Thomas, Vice President, Investor Relations 604/662-8383 www.dayton-mining.com Notice: The Company relies on litigation protection for ''forward looking'' statements. -------------------------------------------------------------------------------- Contact: Dayton Mining Corporation Diane Thomas, 604/662-8383 -------------------------------------------------------------------------------- More Quotes and News: Dayton Mining Corp (Toronto:DAY.TO - news; AMEX:DAY - news; Toronto:DAY.TO - news) Related News Categories: banking, mining/metals