Big Blackfoot Resources Reports Current Developments.CALGARY, Alberta--(BUSINESS WIRE)--July 28, 1998--Big Blackfoot(Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). :BLF BLF Busy Lamp Field BLF Bluff BLF British Lung Foundation (UK) BLF Big Lottery Fund (UK) BLF Business Leaders Forum BLF Billboard Liberation Front BLF Builders Labourers Federation .) The Company reports current developments: 1) The Annual General Meeting of July 21st, gave Shareholder Approval to acquisition of the Love Project, Lincoln, Montana Lincoln is a census-designated place (CDP) in Lewis and Clark County, Montana, United States. The population was 1,100 at the 2000 census. Geography Lincoln is located at (46.957713, -112.672178)GR1. , for $1,200,000, for Treasury Shares valued at $0.30/share, subject to regulatory approval. 58 percent of voting shares Voting Shares Shares that give the stockholder the right to vote on matters of corporate policy making as well as who will compose the members of the board of directors. Notes: Different classes of shares, such as preferred stock, sometimes don't allow for voting rights. were represented in person or by proxy, and no negative votes were cast. 2) Earl Bennett Earl Bennett (born March 23, 1987, in Birmingham, Alabama) is an college football player who is a wide receiver for the Vanderbilt Commodores. Career Stats Receiving Rushing Year REC YDS AVG LNG TD ATT YDS AVG LNG TD 2005 79 876 11.1 41 9 5 11 2. resigned as Director on July 9th, 1998. Mr. Bennett remains a Yukon advisor and substantial shareholder. William Kure of Calgary, Alberta, a mining entrepreneur, replaces him. 3) The Company is currently selecting drill targets at the Caramelia, British Columbia (now 100 percent owned) and the Lincoln, Montana properties, as engineering studies proceed apace. Financing by I.B.K. Capital Corporation of Toronto advances, to raise $3,000,000 by private placement at $0.50-0.60, with a half-warrant. Solicitations have commenced, and completion is anticipated for August-September, 1998.
CONTACT: Big Blackfoot Resources Ltd.
Paul S. White, 403/269-2122
403/261-9964 (FAX)
avanti@cadvision.com
URL: http://www.big-blackfoot.com
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