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Omni Receives $1.125 Million From Trumpeter Yukon Gold.


VANCOUVER, BRITISH COLUMBIA--(BUSINESS WIRE)--March 11, 1997-- OMNI OMNI Omnidirectional
OMNI Organising Medical Networked Information
OMNI Opportunities for Micronutrient Interventions Project
OMNI Operating Missions as a Node on the Internet (NASA networking project) 
 (VSE See DOS/VSE.

VSE - Virtual Storage Extended
: ORI.) Omni Resources Inc. today announced it had received $1,125,000 from Trumpeter Yukon Gold Inc. (ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. :TYG). This is the second tranche of 750,000 warrants at $1.50 per share that Trumpeter Yukon Gold has exercised.

Since June 5, 1996, Omni Resources has received $5,250,000 from Trumpeter Yukon Gold.

The financing will be used to fund the current, ongoing diamond drill program together with advancing the decline adit on the Goddell Shear.

Omni Resources Inc. is an exploration and development Company with a 50,000-acre landholding land·hold·er  
n.
One that owns land.



landholding n.
 in the Mt. Skukum area 85 kilometers south of Whitehorse in the Yukon. There is a 300-ton-per-day gold cyanide mill on site, expandable to 500 tons per day, centrally located approximately eight kilometers from the Skukum Creek deposit and four kilometers from the Goddell Shear property.

Shares of Omni trade on 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).
 under the symbol ORI.

The Vancouver Stock Exchange has neither approved nor disapproved of the contents of this release.

CONTACT: Omni Resources Inc.

Jon Bergvinson, 604/688-6477, 1-888-688-9409

or

Hume, Kieran Inc.

Cathy Hume, 416/868-1079

or

Hume, Kieran Inc.

Olav Svela, 416/868-1079
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:Mar 11, 1997
Words:200
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