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Warrant Symbol - MEX.WT
Number  Trading - 5,000,000
Expiration Date -
Cusip - 589573 11 2

Warrants called to trade news:
 
Meridex prospectus filed; offering date fixed
 
2000-02-01 16:57 MT - EOP Date Fixed
The company's exchange offering prospectus dated Jan. 25, 2000, has been filed with and accepted by the Vancouver Stock Exchange, and filed with and receipted by the British Columbia Securities Commission on Jan. 28, 2000. The exchange has also been advised of the offering day.

Effective date:  Jan. 28, 2000
Offering date:  Feb. 1, 2000
Expiry date:  April 27, 2000

Offering:  2.5 million units; each unit consisting one share and two share purchase warrants

Unit price:  80 cents
Unit trading symbol:  MEX.UN
Unit Cusip No:  589573 9V 8
Wt trading symbol:  MEX.WT
Wt Cusip No:  589573 11 2
Wt exercise price:  $1.20

Wt term:  Two share purchase warrants to purchase one share for one year. Unexercised warrants will expire 30 days after an average of 30,000 shares per day have traded at a weighted average trading price of $1.80 or more for 20 consecutive trading days.

Agent:  Canaccord Capital Corp.
Agent's Wt:  500,000 warrants to acquire 500,000 shares at 80 cents for one year
Agent's commission:  8 per cent
Greenshoe:  Up to 15 per cent for 60 days

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