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MRI MEDICAL TECHNOLOGIES INC. AGREES TO MAJOR MINERAL ACQUISITION AND CHANGE OF DIRECTION

 MRI MEDICAL TECHNOLOGIES INC. AGREES TO MAJOR MINERAL ACQUISITION
 AND CHANGE OF DIRECTION
 SAN DIEGO, Feb. 5 /PRNewswire/ -- The following is being released by MRI Medical Technologies Inc.:
 MRI Medical Technologies (Vancouver: MMY) previously announced that it had entered into an agreement with Petro Global Inc., a Colorado corporation whose shares are traded on the NASDAQ stock quotation system in the United States, whereby MRI Medical Diagnostics Inc., a wholly owned subsidiary of the company, had agreed to sell all of its interest in the Frost Street Limited Partnership, which operates the Frost Street Magnetic Resonance Imaging Clinic in San Diego.
 The purchase price for the Frost Street Limited Partnership interest was $4,650,000 U.S., payable as follows:
 A. transfer at the closing of Petro Global's mining properties,
 including but not limited to the Bessie G Group, valued at
 $1,967,541 U.S.; and,
 B. a promissory note in the amount of $2,682,459 U.S., bearing
 interest at the rate of 10 percent per annum, with quarterly
 payments of interest only for one year and quarterly payments of
 principal and interest equally amortized over the next four
 years.
 Payment of the promissory note was to be secured by a lien on the Frost Street Clinic interest being transferred.
 One of the mineral properties being conveyed is the Bessie G Property, which consists of several known vein gold mines and a substantial adjacent area, approximately 6,500 acres of patented and located lode claims. Work on the mines has been done since 1887 and, in recent decades, by Exxon Corp., Sierra Resources and a number of other lessees. Between 1986 and 1987, Gold Star Mining Co. produced 4,130 ounces of gold and 5,197 ounces of silver from operations on the Bessie G vein system.
 Only a limited part of the Bessie G system has been tested by drilling and mine workings. A few drill holes have also penetrated nearby vein systems with varied success. Because the mine site is based on a narrow complex multiple vein system, mined seasonally on a small scale, total mining and exploration costs have been relatively high. However, much of the costs of road building and adit access have been borne by prior lessees.
 Effective today, however, Petro Global has instead changed its offer from acquiring just Frost Street MRI to the acquisition of MRI Medical Diagnostics Inc., the wholly owned California corporation subsidiary of MRI Medical Technologies Inc. subject only to its shareholder meeting scheduled for Feb. 11, 1992, in San Diego.
 Petro Global has increased its offer to include all its mining interests as stated above at a value of approximately $2 million and 6 million shares of its common stock which represents approximately 70 percent of its outstanding stock.
 The directors of MRI Medical Technologies Inc. have discussed their options and opportunities regarding this sale. One of the options would be to create quarterly dividends of the acquired Petro Global stock to MRI Medical Technologies shareholders of record at specific dates.
 The overall result of this offer will be reported over the next 10 days.
 -0- 2/5/92
 /NOTE: The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents herein./
 /CONTACT: Arthur E. Quillo, president of MRI Medical Diagnostics, 619-296-5090/
 (MMY.) CO: MRI Medical Technologies; MRI Medical Diagnostics ST: California, British Columbia IN: MNG MTC SU: TNM


DM-JL -- SD001 -- 6994 02/05/92 08:01 EST
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Date:Feb 5, 1992
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