Financing (November 14, 1988)

Ontario

Roxmark Mines — up to 4,000,000 offered @ 20 per sh to net $800,000.

Amanda — opt exerc on 150,000 @ 45 per sh.

Agio — 600,000 shs offered @ $2.48 per unit.

Athabaska Gold — 500,000 shs offered @ 52 per unit.

Hercules Ventures — gross proceeds rec $140,000.

Stacia Ventures — 500,000 sold for gross $160,000.

First Guardian Pete — gross proceeds rec $850,000.