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AMAX GOLD BOARD APPROVES DIVIDEND

 AMAX GOLD BOARD APPROVES DIVIDEND
 GOLDEN, Colo., Dec. 4 /PRNewswire/ -- Amax Gold Inc.


(NYSE: AU; Toronto: AXG) announced today that its board of directors approved a regular quarterly dividend of 2 cents per common share, which will be payable on Dec. 30, 1991 to stockholders of record as of Dec. 16, 1991.
 Amax Gold produces and explores for gold in the United States and New Zealand, is listed on the New York and Toronto stock exchanges and is 87 percent owned by Amax Inc.
 -0- 12/4/91
 /CONTACT: Gina Wilson of Amax Gold, 303-273-0623/
 (AU) CO: Amax Gold Inc. ST: Colorado IN: MNG SU: DIV


MC -- DV002 -- 9255 12/04/91 13:45 EST
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Publication:PR Newswire
Date:Dec 4, 1991
Words:115
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