Cornucopia Resources sells 2,100,000 shares of Carlin Resources Corp.VANCOUVER, British Columbia--(BUSINESS WIRE)--April 30, 1997-- Cornucopia cornucopia (kôr'ny  kō`pēə), in Greek mythology, magnificent horn that filled itself with whatever meat or drink its owner requested. Resources Ltd. announces that it has sold 2,100,000 shares of Carlin car·line or car·lin n. Scots A woman, especially an old one. [Middle English kerling, from Old Norse, from karl, man.] Resources Corp. through Canaccord Capital Corporation as agent for a number of placees for net proceeds of Cdn. $1,239,000 pursuant to an agreement made April 4, 1997, and amended April 29, 1997. The Company has also appointed Canaccord its agent to sell the balance of the Carlin shares held by Cornucopia, being an additional 1,535,639 shares, for net proceeds to the Company of $0.65 per share until October 31, 1997, and $0.95 per share until April 30, 1998. Cornucopia owns the Mineral Ridge Mine in Esmeralda County, Nevada Esmeralda County is a county in the west of U.S. state of Nevada. Its county seat is Goldfield6. As of 2006, the population is 1,262, making it the least populous county in the state. Its school district has no high school. which will commence production in June 1997, at a planned rate of 50,000 ounces of gold annually. Cornucopia is also a joint venturer in the Ivanhoe project in Nevada's Carlin Trend where a deep drilling program is scheduled for this year. Cornucopia is listed on The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. (CNP (Certified Network Professional) A professional designation and accreditation given to individual IT networking professionals by the Network Professional Association (www.npa.org). ) and is quoted on the Nasdaq Small-Cap Issuers Market (CNPGF). Andrew F. B. Milligan President -0- Note to editors: The Toronto Stock Exchange and 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). have not reviewed and do not accept responsibility for the adequacy or accuracy of this news release. Head Office: Suite 540 - 355 Burrard Street, Vancouver, BC V6C 2G8, Telephone: (604) 687-0619, Fax: (604) 681-4170. CONTACT: Cornucopia Resources Ltd., Vancouver Richard Roy or Dale Paruk, 800/436-4404 |
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