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Warrants Alert

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Warrant Symbol - TOH.WT.A
Number  Trading - 1,200,000
Expiration Date - April 17 1996
Cusip - 89151H 11 0

Warrants called to trade news:
1996-04-16 17:14 MT - SMF Date Price Fixed
Effective date:  October 20 1995
Offering date:  April 17 1996
Expiry date:  April 17 1996
Offering:  1,000,000 units comprising one share and one A warrant
Price:  $0.63 per unit
Wt term:  Two A warrants to purchase one share
Wt expiry date:  One year from offering date
Wt exercise price:  $0.73 per share to April 17 1997
Agents:  Canaccord
Agents Wt:  For 200,000 shares
Wt exercise price:  $0.73 per share to April 17 1997
Wt trading symbol:  TOH.WT.A
Transfer agent:  R-M Trust
Wt security No:  915730
Wt Cusip No:  89151H 11 0
Unit security No:  871882

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