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Calliope Metals Corporation Conditional ASX Listing Approval Received.


VANCOUVER, British Columbia--(BUSINESS WIRE)--May 20, 1997-- (VSE See DOS/VSE.

VSE - Virtual Storage Extended
 CYO.) Calliope Metals Corporation announces that the Company has been advised that its application for admission to the official list of the Australian Stock Exchange Australian Stock Exchange (ASX)

Australia's major securities market, formed when the six state stock exchanges (Adelaide, Brisbane, Hobart, Melbourne, Perth, and Sydney stock exchanges) were merged in 1987.
 ("ASX ASX

See: Australian Stock Exchange
") has been conditionally approved by the National Listing Committee subject to compliance with a number of standard conditions including the imposition of further escrow restrictions on certain shares of the Company held by its directors and other parties. Upon satisfaction of these conditions, the Company's shares will be quoted on the ASX.

Wilson HTM, the Company's Australian underwriter, has advised the Company that the Australian underwriting has closed and that application monies in excess of the A$10,450,000 underwritten amount have been received.

ON BEHALF OF THE BOARD

PETER J. MATHESON, Chairman

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 neither approved nor disapproved the contents of this News Release.

CONTACT: Calliope Metals Corporation

James W. Prier pri·er also pry·er  
n.
One who pries, especially a person who is unduly interested in the affairs of others.
, 604/ 689-9188

604/ 689-5079 (FAX)

Vancouver, British Columbia, Canada

or

Calliope Metals Corporation

Gavin Becker, +61-7-3220-0023

Brisbane, Queensland, Australia
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 20, 1997
Words:170
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