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Alamos & National Gold Extend Due Diligence Period.


Business Editors

VANCOUVER, British Columbia--(BUSINESS WIRE)--Nov. 22, 2002

Alamos Minerals Ltd.(TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
 VENTURE:AAS)

National Gold Corpor(TSX VENTURE:NGT NGT Night
NGT National Grid Transco (UK gas transporter)
NGT Nominal Group Technique
NGT Not Greater Than
NGT Next Generation Technology
NGT Next Generation Telecom (China)
NGT NASA Ground Terminal
)

Further to our press release dated October 28 announcing agreement to merger, Alamos Minerals Ltd. and National Gold Corporation hereby announce that they have mutually agreed to extend the due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired.  review period by two weeks, from the November 22, 2002 completion date to December 6, 2002.

It is expected that the merger will be completed by the end of March 2003.

ON BEHALF OF THE BOARDS OF DIRECTORS OF: ALAMOS MINERALS LTD. Chester F. Millar, Chairman, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  National Gold Corporation Albert J. Matter, President & CEO
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1CANA
Date:Nov 22, 2002
Words:109
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