Atacama Minerals Corp.: Company Update.VANCOUVER--(BUSINESS WIRE)--Oct. 21, 1997--Atacama Minerals Corp (VSE See DOS/VSE. VSE - Virtual Storage Extended :AAM n. 1. A Dutch and German measure of liquids, varying in different cities, being at Amsterdam about 41 wine gallons, at Antwerp 36½, at Hamburg 38¼. ) Atacama Minerals Corp. (the "Company") is pleased to announce that the share purchase warrants issued in connection with a private placement completed in July 1996 have been fully exercised. Accordingly, the Company has received cash proceeds in the amount of CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. $11,625,000 in connection with the exercise of 7,750,000 share purchase warrants at a price of $1.50 per share. -0- ON BEHALF OF THE BOARD "Robert Cogliandro" President The Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. CONTACT: Atacama Minerals Corp. Sophia Shane, 604/689-7842 |
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