Owner
Post by Franko10 ™ on Sept 11, 2004 14:25:07 GMT -5
NEWS RELEASE
TRADING SYMBOL: SEI.V
JANUARY 28, 1998
The Company reports that by an agreement dated January 27, 1998, Shane Resources Ltd. has conveyed its 1/3 interest in Northern Era Diamonds Inc. (NED) to Dentonia Resources Ltd., subject to V.S.E. approval.
Shane will receive a cash payment of about $155,000 US and retain a net smelter interest in NED, capped at $600,000 CDN.
NED holds interest in mineral properties on the Island of Kalimantan, Indonesia.
On behalf of the Board of Directors:
R.G. Walker
President
The Vancouver Stock Exchange has neither approved nor disapproved the contents of this news release.
TRADING SYMBOL: SEI.V
JANUARY 28, 1998
The Company reports that by an agreement dated January 27, 1998, Shane Resources Ltd. has conveyed its 1/3 interest in Northern Era Diamonds Inc. (NED) to Dentonia Resources Ltd., subject to V.S.E. approval.
Shane will receive a cash payment of about $155,000 US and retain a net smelter interest in NED, capped at $600,000 CDN.
NED holds interest in mineral properties on the Island of Kalimantan, Indonesia.
On behalf of the Board of Directors:
R.G. Walker
President
The Vancouver Stock Exchange has neither approved nor disapproved the contents of this news release.
