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Dayak Goldfields Corporation - Results to June 30th, 1996.


TORONTO--(BUSINESS WIRE)--Aug. 29, 1996--DAYAK GOLDFIELDS n. 1. A small slender woolly annual (Lasthenia chrysostoma) with very narrow opposite leaves and branches bearing solitary golden-yellow flower heads; it grows from Southwestern Oregon to Baja California and Arizona; - it is often cultivated.  CORP. (CANADIAN DEALING NETWORK Canadian Dealing Network (CDN)

The organized OTC market of Canada. Formerly known as the Canadian Over-the-Counter Automated Trading System (COATS), the CDN became a subsidiary of the Toronto Stock Exchange in 1991.
:DAYK) Revenue for the period February February: see month.  14, 1996 to June 30, 1996 for the Company was $20,018. The net loss for the period February 14 to June 30, 1996 was $46,340.

During the period February 14, 1996 to June 30, 1996 the Company has incurred approximately $277,000 in direct costs on the exploration and development of the Company's gold projects in Kalimantan, Indonesia.

As at June 30, 1996, Dayak's working capital was approximately US$11 million.

Dayak has 18,126,783 shares outstanding on an undiluted basis.

Dayak Goldfields Corporation is a Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma.  company listed on the Canadian Dealing Network (Symbol "DAYK").

CONTACT: Dayak Goldfields Corporation

Stephen R. Dattels, 416/947-9216; 416/947-1023 (Fax)
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 29, 1996
Words:128
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