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Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough! -- Ignore unavailable to you. Want to Upgrade?

To: larry plotnikoff who wrote (3822)	5/5/1999 2:36:00 PM
From: Richard Cushnie	Read Replies (1) \| Respond to of 5206

The AGM is on June 30th. Check SEDAR for the release.

To: larry plotnikoff who wrote (3822)	5/5/1999 9:19:00 PM
From: Lilian Debray	Respond to of 5206

Kensington closes private placement Kensington Resources Ltd KRT Shares issued 24,670,435 May 5 close $0.44 Wed 5 May 99 News Release Mr. David Stone reports The company has closed the non-brokered private placement reported in Stockwatch April 27, 1999. A total of 800,000 units, instead of the 600,000 units reported, was acquired by Peter A. Allard of Barbados, West Indies, at 25 cents per unit, for gross proceeds of $200,000. Each unit consists of one share and a warrant to acquire an additional share at 30 cents until April 29, 2000, and at 40 cents until April 29, 2001. The securities issued and the common shares issuable upon the exercise of the warrants are subject to a hold period expiring Aug. 29, 1999. The proceeds will be used to finance the processing of minibulk samples from the 1999 exploration program at the Fort a la Corne diamond project in Saskatchewan, as well as for general working capital . A cash commission of $12,000 is payable. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com