DELGRATIA SHARES NOW TRADE IN NASDAQ SMALLCAP MARKET.

VANCOUVER, BC--(BUSINESS WIRE)--May 1, 1995--The common stock of Delgratia Mining Corporation will begin trading on May 1, 1995 in the Nasdaq SmallCap Market, Terry Alexander, President and Chief Executive Officer announced Delgratia Mining Corp., whose trading symbol is DELGF, actively exploring for gold and base metals in Nicaragua where it holds over 7.5 million acres of prospective ground. Current holdings in that country include two former producing mines, La Reina and San Albino. These mines are being rehabilitated in preparation to define further gold ore reserves. The major development effort is the Coco Mina deposit which is known to host 13 million tons of proven and probable reserves grading 0.05 ounce per ton Gold, 0.77 ounce per ton Silver and 3.4% Zinc representing 1.7 million ounces of gold equivalent at current metal prices. The Company also has gold projects in Mexico and Venezuela.

Mr. Alexander noted that Delgratia's entry into the Nasdaq SmallCap Market provides brokers and others with immediate access to the best bid and ask prices and other information about the company's shares throughout the trading day. Those prices are available in over more than 200,000 electronic terminals in brokers offices throughout the United States and the world. Trading data is also distributed widely through wire services for selective dissemination by newspapers and radio and television stations.

In addition to increased market visibility, Nasdaq offers Delgratia Mining Corp. the advantage of multiple market makers that compete to offer the best bid and ask price, as opposed to a single specialist on the floor of a stock exchange.

J. Terry Alexander President & C.E.O.

CONTACT: Eric Lavarack, CFO 

[phone]

[phone] (Fax)