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Warrant Symbol - XYQ.WT.B
Number  Trading - 2,812,500
Expiration Date - August 1 1996
Cusip - 983928 11 0

Warrants called to trade news:
 
1996-04-26 16:55 MT - SMF Date Price Fixed
 
The company's SMF dated April 24 1996 has been filed with and accepted by the BCSC and the VSE.
 
Effective date:  April 25 1996
Offering date:  April 29 1996
Expiry date:  August 1 1996
Offering:  1,250,000 units. Each unit consisting of one share and two series B warrants
Unit price:  $0.40
Wt exercise price:  $0.40
Wt term:  Two series B warrants to purchase one share for one year.
Agent:  Wolverton Securities
Agents' Wt:  312,500 warrants, exercisable on the same basis as the series B warrants except one warrant is required to purchase one share.
Agents' commission:  7.5%
 
Transfer agent:  Montreal Trust Company
Wt trading symbol:  XYQ.WT.B
Wt security No:  921060
Wt Cusip No:  983928 11 0
Unit security No:  872576

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