Major Share holder Of Claimstaker news

[Franko10 ™]

JIPANGU INC.

JULY 06 2000 - 15:35 EDT

Jipangu Inc. Increases Stakeholding In Cambior Inc.


Jipangu Inc. ("Jipangu") announces that its interest in
securities of Cambior Inc. ("Cambior") has increased to 15.0% of
the total outstanding voting securities or securities convertible
into voting securities.

Pursuant to a private placement publicly announced on May 2,
2000, Jipangu subscribed to 5,000,000 units, each unit consisting
of one newly created Class I Preferred Share, Series 1 (the
"Series 1 Shares") and one Warrant. The Warrants entitle Jipangu
to subscribe to common shares of Cambior. Each Series 1 Share
will be convertible without payment of further consideration, at
the option of Cambior or Jipangu, into one common share of
Cambior without par value, for a period of 90 days following the
effective date of the amendment of Cambior's articles whereby
reference to the nominal or par value of Cambior's common shares
is deleted, which action was approved by the shareholders of
Cambior on June 22, 2000. With the ability to convert all the
Series 1 Shares, Jipangu's interest in Cambior increased to 12.4%
of the above-mentioned securities from 6.6% as a result of the
Warrants obtained on the original closing on May 2, 2000.

Jipangu is a Japanese company with a particular interest in
worldwide gold related ventures. Jipangu views its interest in
Cambior as a strategic investment. Jipangu has expressed an
interest to Cambior in providing further funding on terms and
conditions to be agreed, and in working with management through
the process of restructuring and beyond.

On June 16, 2000, Cambior announced that it had concluded a
further agreement with Jipangu and a financial institution for a
mortgage loan on its 50% interest in the Niobec Mine for a
minimum of $13 million of which Jipangu provided $10 million; the
facility has an original term of 4.5 years and is repayable in 16
consecutive quarterly instalments commencing on March 30, 2001
with a final maturity date of December 31, 2004. Recourse under
the facility is limited to Cambior's 50% interest in the Niobec
assets and in Cambior's share of the cash-flow generated by the
mine. Jipangu's facility's fees on this transaction were paid by
Cambior through the issuance of 2.5 million warrants to purchase
common shares of Cambior exercisable at US $0.75 per share on or
before December 31, 2000; assuming conversion of the Series 1
Shares, the Warrants, and the Niobec Warrants, Jipangu's interest
in Cambior would increase to 15.0% of the above-mentioned
securities. This transaction closed on June 30, 2000.

Although no decision or agreement has been made in that regard,
it is possible that Jipangu may in the future increase its
interest in Cambior through extending further financing
facilities to Cambior or otherwise.
/T/
* * *
/T/For additional information, please contact:

David Mosher, Director
Jipangu Inc.
Tel: [phone]
Fax: [phone]

[Franko10 ™]

JIPANGU INC.

JANUARY 18, 2001 - 16:25 EST

Jipangu Inc. Increases Stakeholding In Cambior Inc.

TORONTO, ONTARIO--Jipangu Inc. ("Jipangu") announces that its
interest in securities of Cambior Inc. ("Cambior") has increased
to approximately 22% of the total outstanding voting securities.

Pursuant to a private placement concluded on May 5, 2000, Jipangu
subscribed for 5,000,000 units, each unit consisting of one newly
created Class I Preferred Share, Series 1 (the "Series 1 Shares")
and one Warrant. The Warrants entitle Jipangu to subscribe for a
total of 5,000,000 common shares of Cambior at CDN$1.60 until
October 31, 2001. Each Series 1 Share was converted without
payment of further consideration, into one common share of Cambior
without par value on July 17, 2000.

On June 30, 2000, Cambior closed mortgage loans with Jipangu and a
financial institution on Cambior's 50% interest in the Niobec Mine
for US$13 million of which Jipangu provided US$10 million.
Jipangu's fees on this transaction were paid by Cambior through
the issuance of 2,500,000 warrants to purchase common shares of
Cambior exercisable at US $0.75 per share on or before December
31, 2000; these warrants have now expired, unexercised.

On December 21, 2000, Jipangu agreed to convert US$6,300,000 of
its mortgage loan to equity at US$0.42 per common share, such that
Jipangu would be issued 15,000,000 common shares of Cambior. The
transaction closed today.

As a result, Jipangu now holds 20,000,000 common shares of Cambior
(approximately 22% of the total outstanding) and 5,000,000
warrants; assuming exercise of the 5,000,000 Warrants previously
issued, Jipangu's participation in Cambior's share capital would
increase to approximately 26% of the total common shares
outstanding.

Jipangu is a gold-focused Japanese company based in Tokyo.
Jipangu views its interest in Cambior as a strategic investment.
Although no decision or agreement has been made in that regard, it
is possible that Jipangu may in the future increase its interest
in Cambior through extending further financing facilities to
Cambior or otherwise.

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FOR FURTHER INFORMATION PLEASE CONTACT:
Jipangu Inc.
David Mosher, Director
[phone]
[phone] (FAX)

[Franko10 ™]

JIPANGU INC.

AUGUST 22 2001 - 09:33 EDT

Jipangu Inc. To Increase Shareholding In Cambior Inc.


Jipangu Inc. ("Jipangu") announces that its interest in securities
of Cambior Inc. ("Cambior") will increase to approximately 27% of
the total outstanding voting securities.

Pursuant to a Subscription Agreement dated August 17, 2001, Jipangu
has agreed to convert US$3,700,000 of its mortgage loan, being the
balance, to equity at approximately US$0.57 per common share, such
that Jipangu will be issued an additional 6,491,228 common shares
of Cambior. The transaction is expected to close on or before
August 28, 2001.

As a result, Jipangu will own 26,491,228 common shares of Cambior
(approximately 27% of the total outstanding) and 5,000,000
warrants; assuming exercise of the 5,000,000 warrants, Jipangu's
participation in Cambior's share capital would increase to
approximately 32% of the total common shares outstanding.

Jipangu is a gold- focused Japanese company based in Tokyo. Jipangu
views its interest in Cambior as a strategic investment. Although
no decision or agreement has been made in that regard, it is
possible that Jipangu may in the future increase its interest in
Cambior through extending further financing facilities to Cambior
or otherwise.
/T/
* * *

For additional information, please contact:

David Mosher, Director
Jipangu Inc.
Tel: [phone]
Fax: [phone]

[Franko10 ™]

JIPANGU INC.

AUGUST 24 2001 - 12:32 EDT

Jipangu Inc. To Increase Shareholding In High River Gold
Mines Ltd.


Jipangu Inc. ("Jipangu") announces that its interest in
securities of High River Gold Mines Ltd. ("High River") will
increase to approximately 27% of the total outstanding voting
securities.

As a result of a series of exercises of warrants in February,
September and October 2000, Jipangu acquired an additional
1,590,000 common shares of High River at a price of $0.75 each.

Pursuant to agreements dated April 18, 2001 and April 19, 2001,
Jipangu agreed to exchange a debt of $415,000 owing by High River
for 823,903 common shares (an effective price of $0.5037 each),
and to exchange 1,024,000 shares of JSC Buryatzoloto held by
Jipangu with High River for 5,120,000 common shares. The debt
exchange closed on July 4, 2001. The JSC Buryatzoloto share
exchange remains subject to regulatory approvals.

On July 26, 2001, Jipangu exercised rights pursuant to a Rights
Offering by High River to acquire a total of 132,680 shares at
$0.40 each.

As a result of all the transactions above, Jipangu will own
14,016,583 shares of High River (approximately 27% of the total
outstanding).

Jipangu is a gold- focused Japanese company based in Tokyo.
Jipangu views its interest in High River as a strategic
investment. Although no decision or agreement has been made in
that regard, it is possible that Jipangu may in the future
increase its interest in High River through extending further
financing facilities to High River or otherwise.

/T/ * * *
/T/
For additional information, please contact:

/T/ David Mosher, Director
Jipangu Inc.
Tel: [phone]
Fax: [phone]

[Franko10 ™]

JIPANGU INC.

NOVEMBER 02 2001 - 14:30 EDT

Jipangu Inc. To Increase Shareholding In Cambior Inc.


Jipangu Inc. ("Jipangu") announces that its interest in securities
of Cambior Inc. ("Cambior") will increase to approximately 32% of
the total outstanding voting securities of Cambior.

Pursuant to a Subscription Agreement dated October 31, 2001,
Jipangu has agreed to subscribe for 4,950,000 Units of Cambior at
CDN$1.173 per Unit for gross proceeds of CDN$5,806,350. Each Unit
consists of one common share and one common share purchase warrant.
Each common share purchase warrant gives the right to acquire one
additional common share of Cambior at US$0.833 until November 30,
2002. As such, Jipangu will be issued an additional 4,950,000
common shares of Cambior on closing, which is expected on or before
November 30, 2001.

In addition, Jipangu has exercised a previously issued warrant to
acquire a further 2,100,000 common shares at CDN$1.60 each.

As a result, Jipangu will be issued a total of an additional
7,050,000 common shares by Cambior to own 33,541,228 common shares
of Cambior (approximately 32% of the total outstanding) and
4,950,000 warrants; assuming exercise of the 4,950,000 warrants,
Jipangu's participation in Cambior's share capital would increase
to approximately 35% of the total common shares outstanding.

Jipangu is a gold-focused Japanese company based in Tokyo. Jipangu
views its interest in Cambior as a strategic investment. Although
no decision or agreement has been made in that regard, it is
possible that Jipangu may in the future increase its interest in
Cambior through extending further financing facilities to Cambior
or otherwise.

For additional information, please contact:

David Mosher, Director
Jipangu Inc.
Tel: [phone]
Fax: [phone]

[Franko10 ™]

JIPANGU INC.

DECEMBER 07 2001 - 15:06 EDT

Jipangu Inc. To Further Increase Shareholding In Cambior
Inc.


Jipangu Inc. ("Jipangu") announces that its interest in securities
of Cambior Inc. ("Cambior") will increase to approximately 37.8% of
the total outstanding voting securities of Cambior.

Pursuant to an agreement made today, Jipangu has purchased from
Sprott Canadian Equity Fund, Sprott Hedge Fund LP, Eric Sprott and
Sprott Securities Inc. as portfolio manager 6,119,966 common shares
of Cambior at CDN$0.83 per share, for gross proceeds of
CDN$5,079,571.78. The transaction is exempt from the take-over bid
requirements of the Securities Act (Ontario).

In a separate transaction, Jipangu today issued to Sprott
Securities Inc., as portfolio manager, CDN$10million principal
amount of redeemable convertible debentures to accounts managed by
it. The debentures have a term of three years with interest payable
at 7%, with the first payment of interest at twelve months and
thereafter semi-annually. As security, Jipangu has pledged common
shares of Cambior ("Cambior Shares") held by Jipangu worth
$12,500,000 to be held by a trustee. The convertible debentures are
convertible into Cambior Shares during the period commencing
twenty-four months from the date of issue and terminating one month
before the maturity of the debentures into Cambior Shares at
CDN$0.91 per share and are, in addition, convertible into shares of
Jipangu at any time at Yen 200,000 per share.

Once a previously announced private placement transaction with
Cambior Inc. is closed, Jipangu will own a total of 39,661,194
Cambior Shares (approximately 37.8% of the total common shares
outstanding) and 4,950,000 warrants; assuming exercise of the
4,950,000 warrants, Jipangu's interest in Cambior's share capital
would increase to approximately 40.6% of the total common shares
outstanding.

Jipangu and Cambior are parties to an agreement pursuant to which
Jipangu has agreed not to acquire in excess of 45% of the common
shares of Cambior, to either tender its shares into a third party
cash takeover bid which is recommended by Cambior's board or make
a superior offer, and, in certain circumstances to effect a
disposition or sale of its shares in Cambior through an
underwritten secondary offering.

Jipangu is a gold-focused Japanese company based in Tokyo. Jipangu
views its interest in Cambior as a strategic investment. Although
no decision or agreement has been made in that regard, it is
possible that Jipangu may in the future increase its interest in
Cambior through extending further financing facilities to Cambior
or otherwise.
/T/
* * *
/T/
For additional information, please contact:
David Mosher, Director
Jipangu Inc.
Tel: [phone]
Fax: [phone]

[Franko10 ™]

JIPANGU INC.

FEBRUARY 07 2002 - 12:03 EDT

Jipangu Inc. Completes Agreement With Resource Capital Fund
L.P.


Jipangu Inc. ("Jipangu") is pleased to announce that it has entered
into an agreement with Resource Capital Fund L.P. ("RCF") regarding
the acquisition of an existing convertible debenture of High River
Gold Mines Ltd. ("High River") held by RCF.

Jipangu has entered into an agreement with Resource Capital Fund
L.P. ("RCF') dated January 31, 2002 (executed on February 4, 2002)
under which Jipangu is to purchase from RCF the balance due under
an existing Convertible Debenture in the amount of US$1,837,536,
with closings as to US$1,000,000 on January 31, 2002, and on March
29, 2002 as to the balance.

Pursuant to the Convertible Debenture, Jipangu will have a right to
convert the principal into common shares of High River at $0.60 per
share; accordingly, using a fixed exchange rate of US$1.00 equal to
CDN$1.57, Jipangu would have the ability to receive up to 4,808,219
common shares of High River.

Pursuant to the transaction with RCF, Jipangu has agreed to
presently transfer 654,166 common shares of High River to RCF, and
on March 29, 2002, a further number of common shares to be
determined representing the value that RCF would have received if
it had converted the US$837,536 balance on the convertible
debenture into common shares of High River at $0.60 with reference
to the weighted average market price of High River at that time
during the first 20 trading days in March 2002. Should the common
shares of High River trade for any 5 trading day period following
January 31, 2002 at a weighted average price of CDN$1.20 or
greater, Jipangu is to give written notice to RCF and within 5
business days transfer to RCF 1,095,775 common shares in lieu of
the foregoing. Assuming High River shares attain the $1.20 pricing
level by March 29, 2002, Jipangu will have transferred to RCF a
total of 1,749,941 common shares.

Assuming Jipangu were to convert the balance of the Convertible
Debenture into 4,808,219 common shares of High River at the
exchange rate set out above, and assuming Jipangu transfers a total
of 1,749,941 common shares to RCF as set out above, Jipangu will
own 11,954,861 common shares of High River (approximately 22.71% of
the total outstanding). Assuming completion of the previously
announced financing with Sprott Securities Inc., as agent, and the
full exercise of all warrants and compensation options (an
additional 18,414,916 shares), Jipangu would hold 16.83%.

For additional information, please contact:

/T/ David Mosher, Director
Jipangu Inc.
Tel: [phone]
Fax: [phone]

[Franko10 ™]

JIPANGU INC.

NOVEMBER 28, 2002 - 16:29 EST

Jipangu Inc. Exercises 4.95 Million Warrants of Cambior
Inc.

TOKYO, JAPAN--Jipangu Inc. today announced that it had acquired
from treasury an additional 4,950,000 common shares of Cambior
Inc. pursuant to the exercise of an equivalent number of Cambior
common share purchase warrants for aggregate exercise proceeds of
US $4,123,350. The common shares acquired constitute
approximately 3.1% of Cambior's currently issued and outstanding
common shares. After giving effect to the transaction, Jipangu
directly owns a total of 44,611,194 common shares of Cambior,
representing approximately 28% of Cambior's issued and
outstanding common shares.

The common share purchase warrants were acquired by Jipangu Inc.
pursuant to a subscription agreement dated October 31, 2001 under
which Jipangu Inc. subscribed for 4,950,000 units of Cambior,
each unit consisting of one Cambior common share and one Cambior
common share purchase warrant. The common share purchase warrants
were exercisable at US $0.833 per share until November 30, 2002.

The common shares acquired on exercise of the common share
purchase warrants were acquired and are currently being held for
investment purposes. In the future, Jipangu Inc. may, subject to
market conditions, make additional investments in or dispositions
of securities of Cambior, including additional purchases or sales
of Cambior common shares.

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:
Jipangu Inc.
Tamisuke Matsufuji
President and Chief Executive Officer
Tokyo, Japan: 813-3474-3611
813-3474-4679 (FAX)
Website: www.jipangu.co.jp

[Franko10 ™]

JIPANGU INC.

NOVEMBER 21, 2003 - 09:31 ET

Jipangu Inc. Completes Sale of Blackdome Gold Mine

TOKYO, JAPAN--Jipangu Inc. today announced that it has completed
the sale of its 50% interest in No. 75 Ventures Ltd., which owns
the Blackdome Gold Mine project, to J-Pacific Gold Inc. of
Vancouver British Columbia for payment of C$600,000 and the
issuance to Jipangu Inc. of 1,500,000 J-Pacific common shares.
With the completion of the sale, J-Pacific now owns 100% of the
Blackdome Gold Mine through its wholly owned subsidiary, No. 75
Ventures Ltd.

The 1,500,000 common shares of J. Pacific that Jipangu will
receive represents approximately 3.9% of J-Pacific's currently
issued and outstanding common shares. After giving effect to the
transaction, Jipangu Inc. directly owns a total of 14,459,055
common shares of J-Pacific, representing approximately 36.2% of
J-Pacific's issued and outstanding common shares. Jipangu also
holds warrants for the purchase of 945,000 additional J-Pacific
common shares exercisable as to 570,000 shares until March 27,
2004 at a price of $0.50 per share and as to 375,000 shares until
January 31, 2005 at a price of $0.60 per share.

The J-Pacific common shares acquired today, together with common
shares and warrants previously acquired by Jipangu Inc., are
being held for investment purposes. In the future, Jipangu Inc
may, subject to market conditions, make additional investments in
or dispositions of securities of J-Pacific, including additional
purchases or sales of J-Pacific common shares.

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:
Jipangu Inc.
Tamisuke Matsufuji
President and Chief Executive Officer
813-3474-3611
813-3474-4679 (FAX)
Website: www.jipangu.co.jp

[Franko10 ™]

History of Investment Portfolio

1995 June Reorganization
1996 October J-Pacific Gold Inc.
1998 April Direct Investment in the Black Dome Gold Mine (Through No.75)
1999 February Eaglecrest Explorations Ltd.
March Golden Goliath Resources Ltd.
High River Gold Mines Ltd. (All stocks sold)
October Intrepid Minerals Corp. (All stocks sold)
2000 February Madison Enterprises Corp.
March Cambior Inc.
June JSC Buryatzoloto (All stocks exchanged to High River Gold Mines)
2001 March Harmony Gold Mining Company Ltd. (All stocks sold)
2002 September Afrikander Lease Ltd.

[Franko10 ™]

There was a particular company Jipangu had been negotiating with. At first, the company's executives showed positive reaction to an offer, but as the talks proceeded it became apparent that their final decision was unlikely to be made immediately. Jipangu, which sought early M&A, was forced to abandon the negotiations.