FINANCING (August 21, 1989)

Couverden Point Res — gross proceeds rec $315,000

Ecstall Mng — 500,000 sold for gross $225,000

Goldnev Res — 2,600,000 sold for gross $2,730,000

Marina Expls — sold for gross $227,500

Brenna Res — 700,000 offered @ 35 cents per sh

Key Largo Res — min 500,000 offered @ 50 cents per sh

Redding Gold — offered @ 35 cents per sh

Westpine — 1,500,000 sold for gross $1,125,000

Aatra Res — 675,000 offered @ 35 cents per sh

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