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Pegasus Gold Inc. makes announcement.

SPOKANE, Wash.--(BUSINESS WIRE)--June 7, 1995--Pegasus Gold Inc. (PGU - AMEX AMEX

See: American Stock Exchange
; TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
; ME) today announced that it has received copies of press releases that have been issued by the Department of Justice, the U.S. Environmental Protection Agency Environmental Protection Agency (EPA), independent agency of the U.S. government, with headquarters in Washington, D.C. It was established in 1970 to reduce and control air and water pollution, noise pollution, and radiation and to ensure the safe handling and , and the Gros Ventre and Assiniboine Tribes of the Fort Belknap Reservation stating that separate actions have been filed in federal district court alleging that Zortman Mining Inc. and Pegasus have violated provisions of the Clean Water Act. These suits relate to the same circumstances alleged by the State of Montana in their complaint filed in October 1993 as previously disclosed. The Company has not been served with the complaint filed in the case and therefore, has not had an opportunity to review the allegations. Further disclosure will be made when appropriate.

Pegasus Gold Inc. is an international gold mining company. Headquartered in Spokane, Washington, Pegasus currently produces a total in excess of 500,000 ounces of gold annually from its properties in the United States and Australia. The Company carries out exploration internationally through offices located in Miami, Florida; Santiago, Chile; Mendoza, Argentina; and Georgetown, Guyana. The common shares of Pegasus are traded under the symbol PGU on the American Stock Exchange American Stock Exchange (AMEX)

Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921.
, The Toronto Stock Exchange Toronto Stock Exchange (TSE)

Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options.
, and the Montreal Exchange. Options of the Company's common shares are traded on the Chicago Board Options Exchange Chicago Board Options Exchange (CBOE)

A securities exchange created in the early 1970s for the public trading of standardized option contracts. Primary place for the trading of stock options, foreign currency options, and index options (S&P 100, 500, and OTC 250 index)
 and the Montreal Exchange.

CONTACT: Pegasus Gold Inc.

John W. Pearson, 509/624-4653
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 7, 1995
Words:236
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