Bay Resources (ASE) says it has reached an agreement with St. Genevieve Resources (TSE) under which the latter company will commit $150,000 by March 1, 1991, for exploration on a number of properties. In return, Bay Resources will issue 176,471 common shares at 85 cents each.
Golden Rim Resources has changed its name to Edge Resources Ltd. (EDG:VSE) on a 1-new-for-2-old-share basis. Transfer agent is Montreal Trust Co. of Canada.
Golden Glory Resources has changed its name to Shimoda International Systems Inc. (SIO:VSE) on a share-for-share basis. Transfer agent is Montreal Trust Co. of Canada.
Red Lake & Sun Valley Resources has changed its name to International R.S.V. Resource Corp. (IRS:VSE) on a 1-new-for- 10-old-share basis. Transfer agent is National Trust Co.
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