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Post by Franko10 ™ on Sept 20, 2004 13:39:08 GMT -5
Thu Apr 22, 2004 Candle Lake Diamond Property, Sale Proceeding Bolder Financial Parnters Become Financial Advisors -------------------------------------------------------------------------------- Vancouver, B.C. - War Eagle Mining Company Inc. (TSX Venture Exchange -- WAR) April 21, 2004 -- The Company announces that Great Western Minerals Group Ltd. has made the $150,000 cash payment as a part payment to reduce War Eagle Mining Company's interest in the Candle Lake Diamond Property. A warrant certificate convertible into 500,000 shares of Great Western Diamond Corp. has also been issued and the regulatory process is underway to issue 500,000 shares of Great Western Group Ltd. as part of the purchase, leaving War Eagle Mining Company with a 1.5% net royalty interest in the Candle Lake Project. We also wish to announce that Bolder Investment Partners, Ltd. have agreed to serve as financial advisor to War Eagle for a period of 18 months. War Eagle Mining Company's web site is now available for viewing at www.wareaglemining.comFor information contact: Bob Faris, V P, Corporate Development 1-800-877-1626 or 604-606-7973.
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