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Bargold Opens Second European Office; Appoints Regional Manager; Receives Name Change Acceptability.


Business Editors

NEW YORK--(BUSINESS WIRE)--Aug. 23, 2000

Bargold Resources Ltd. (CDNX CDNX

See Canadian Venture Exchange (CDNX).
:BGA (Ball Grid Array) A popular surface mount chip package that uses a grid of solder balls as its connectors. Available in plastic and ceramic varieties, BGA is noted for its compact size, high lead count and low inductance, which allows lower voltages to be used. ) ("Bargold") has opened a regional European European

emanating from or pertaining to Europe.


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fagussylvaticus.

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 office in the city of Kiev Kiev (kē`ĕf), Ukrainian Kyyiv, Rus. Kiyev, city (1990 est. pop. 2,600,000) and municipality with the status of a region (oblast), capital of Ukraine and of Kiev region, a port on the Dnieper River. , Ukraine.

This office will be the center for Exploration and Development and is the second Eastern European office to be opened in as many weeks. Bargold is also pleased to announce the appointment of Mr. Dmitry Strokon, Mech.Eng., to the position of Regional Manager of Exploration.

Mr. Strokon's initial task is to identify and introduce to Bargold projects specifically in the Industrial Mineral and Oil & Gas sector. Mr. Strokon will be compensated on a success fee basis.

Mr. Strokon (Mech.Eng., M.Sc.,Ph.D.) has a background in engineering and in the energy sector throughout eastern Europe Eastern Europe

The countries of eastern Europe, especially those that were allied with the USSR in the Warsaw Pact, which was established in 1955 and dissolved in 1991.
 and specifically in the Ukraine. Mr. Strokon has extensive experience in dealing and contracting directly with State Governments and Government agencies.

The Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX)  (CDNX) has advised Bargold that the name Indusmin Energy Corporation is acceptable and has been reserved. Bargold will seek shareholder approval for the name change at the upcoming annual general meeting September 14, 2000.

ON BEHALF OF THE BOARD OF DIRECTORS

Eugene Larabie

President

Bargold Resources Ltd.

The contents of this News Release have neither been approved nor disapproved by the Canadian Venture Exchange.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1CANA
Date:Aug 23, 2000
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