FINANCING (July 02, 1990)

Dryden Res — 700,000 offered @ 96 cents per unit. Berglynn Res — 700,000 offered @ 56 cents per unit.

Candela Res — 1,450,000 offered @ $1.32 per unit.

Island-Arc Res — 600,000 offered @ 55 cents per sh.

Thumper Res — 800,000 sold for gross $280,000.

Forbes Res — gross proceeds rec $260,000.

Pacific Northern Ventures — 600,000 offered @ 40 cents per sh.

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