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Warrants Alert

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Warrant Symbol - MAG.WT
Number  Trading - 884,271
Expiration Date - August 31 1997
Cusip - 558905 11 3

Warrants called to trade news:
1995-10-17 16:43 MT - Warrants Called to Trade
Effective at the opening October 18 1995, the share purchase warrants of the company will be posted and called for trading on the VSE.
Transfer agent:  RM Trust
Capitalization:  884,271 warrants issued
Wt trading symbol:  MAG.WT
Wt security No:  902086
Wt Cusip No:  558905 11 3
Unit security No:  863110
714,286 units at $2.80
1995-09-14 15:55 MT - Prospectus Approved
Effective date:  September 15
Expiry date:  December 14 1995
Offering:  714,286 units comprising four flow through shares, one common share and three warrants, on a best efforts basis
Price:  $2.80
Wt exercise price:  $0.53 to August 31 1996; $0.61 to August 31 1997
Wt expiry date:  One warrant to purchase one share to August 31 1997
Agent:  First Marathon

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