Warrant Information

Warrant Symbol - CEM.WT
Number Trading - 2,531,025
Expiration Date - Oct. 30, 1999
Cusip - 146907 11 8
Warrants called to trade news:

Extension of expiry date

1998-10-26 14:37 MT - Miscellaneous

Pursuant to a supplemental indenture dated Aug. 28, 1998, the expiry date for the warrants has been extended to Oct. 30, 1999. All other terms of the warrants remain unchanged. The warrants will commence trading on a cash basis on Oct. 27, 1999.

Warrants' expiry extended; 8 claims acquired; director resigns

1998-09-01 03:11 MT - News Release

Ms. Kathleen Dixon reports

Cascade Metals advises that the ASE has approved the extension of the expiry date for Cascade's warrants from 4:30 p.m. on Oct. 30, 1998 to 4:30 p.m. on Oct. 30, 1999. The warrants currently trade on the ASE under the symbol CEM.WT. Two warrants entitle the holder to purchase one common share in the capital of Cascade at 50 cents.

LIDA UPDATE

Cascade has acquired eight patented mining claims in the Lida mining district, Esmeralda County, Nevada. Cascade has purchased six claims and leased the other two within the 100 per cent owned Lida claim block. The two leased claims have a 2.5 per cent net smelter royalty (nsr) with a buy-out of $1,000,000.

Cascade has just completed further surface geophysical and geological work in the Lida mining district, including limited underground mapping and sampling on the Florida-Wisconsin and Texas project areas. Results from this program appear promising and are being compiled to be released shortly.

IRIS UPDATE

Cascade is also renegotiating the 20 year lease agreement on the Iris gold property at Battle Mountain. The previous agreement was for a 2 per cent nsr, and Cascade is seeking a $1,000,000 buy-out option. This property lies 2 kilometres north of the Copper Basin deposit where Battle Mountain Gold Company recently drilled east of the Surprise pit, intersecting 0.32 ounces gold, 1.75 ounces silver and 2.5 per cent copper over a true width of 60 feet.

Also, J. Gary Brown has resigned from Cascade's board of directors. Mr. Brown cites he is unable to provide adequate time toward the company's needs due to other business interests.

Warrants begin trading

1998-02-12 04:07 MT - News Release

Ms Kathleen Dixon reports

Cascade Metals' 2,531,025 previously issued warrants begin trading on the ASE at the opening of trading on Thursday, February 12 1998.

Two warrants are exercisable into one common share at $0.50 until October 30 1998. The warrants will trade under the symbol CEM.WT.

It is anticipated that the proceeds will be used to finance exploration in the Lida mining district, Nevada, where Cascade is currently evaluating three 100% owned silver and gold projects.

1998-02-10 16:40 MT - Warrants Called to Trade

The company's common share purchase warrants will be posted for trading at the open of business on February 12 1998.

Wt symbol: CEM.WT

Wt Cusip No: 146907 11 8

Transfer agent: Montreal Trust Co

Wt terms: Two common share purchase warrants are exercisable into one share at $0.50

Wt expiry date: October 30 1998

Wt cash trading date: October 28 1998