Dianor Resources Inc. Acquires a Quality Property in Sept-Iles in the Proximity of the Discovery of the Quebec Minister of Natural Resources.MONTREAL--(BUSINESS WIRE)--March 25, 1997--DIANOR (ME DOR Dor or Dora, Canaanite seaport, ancient Palestine (modern Israel), N of Caesarea Palestinae. It was never a Jewish city but rather a Phoenician outpost. It was rebuilt by the Romans; still visible are the ruins of a temple and a theater. .) Dianor Resources inc. (Dianor) is pleased to announce the acquisition of twenty-one (21) mining claims in Sept- Iles, more precisely in the Lac Nipisso region, Province of Quebec. Dianor buys 100 percent "indevided interest" of these mining claims from a prospector, in return of 10,000$ cash and 75,000 common shares of Dianor. The seller will be entilted to a 2 percent NSR NSR abbr. normal sinus rhythm NSR Normal sinus rhythm, see there royalty. Within the agreement Dianor will be able to buy back the 2 percent NSR for one (1) million dollars per 1 percent NSR. This transaction is subject to regulatory authority Noun 1. regulatory authority - a governmental agency that regulates businesses in the public interest regulatory agency administrative body, administrative unit - a unit with administrative responsibilities approval. These mining claims cover over 840 acres of land and are located in a GABRO zone identical to the one of the Quebec Minister of Natural Resources in the Sept-Iles region. Results : Important discovery of a mineralized min·er·al·ize v. min·er·al·ized, min·er·al·iz·ing, min·er·al·iz·es v.tr. 1. To convert to a mineral substance; petrify. 2. To transform a metal into a mineral by oxidation. 3. structure on the Adanac project located 10 km from Rouyn-Noranda , now owned 100 percent by Dianor. Development: Following successful results from exploration teams, many work programs are in progress in the Adanac, Newfoundland and the Northwest territories Northwest Territories, territory (2001 pop. 37,360), 532,643 sq mi (1,379,028 sq km), NW Canada. The Northwest Territories lie W of Nunavut, N of lat. 60°N, and E of Yukon. . YIELD : DOR Dianor shares have been among the 10 top percent gainers of 1996 on the Montreal Exchange Montreal Exchange A Canadian derivatives exchange that facilitates the trading of stock options, interest rate futures and options, as well as index options and futures. Located in Montreal, Quebec, it is the country's main financial derivative market, while the Winnipeg +500. -0- Location of properties: Adanac, Rouyn-Noranda, Quebec East Adanac, Rouyn-Noranda, Quebec Blondeau, Abitibi -Temiscaming Bryson Lynch, Gatineau, Quebec Sister Pond, Baie Verte, Newfoundland Split Ponds, Baie Verte, Newfoundland TLF54547 Northwest Territories WSF54548 Northwest Territories MLF54549 Northwest Territories DOR : ME One of the most dynamic mining society in Quebec. Free of debts. CONTACT: Ressources Dianor inc. David McDonald David John McDonald (November 22, 1902 - August 8, 1979) was an American labor leader and president of the United Steelworkers of America from 1952 to 1965. Early life , 514/ 861-9702 514/ 861-1589 (FAX) (514) 861-0363 or Ressources Dianor inc. Nathalie Dion, 514/861-9702 514/861-1589 (FAX) (514) 861-0363 |
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