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Warrants Alert

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Warrant Symbol - RGM.WT.A
Number  Trading - 3,801,122
Expiration Date - April 30, 1992
Cusip - 780825 12 1

Warrant Symbol - RGM.WT
Number  Trading - 3,852,776
Expiration Date - October 31, 1988.
Cusip - 780825 11
Exercise Price - $2.50

Warrants called to trade news:
 
1988-06-24 15:50 MT - Miscellaneous
 
Galveston Resources Ltd (GAL.A)
Royex Gold Mining Corporation (RGM)
Effective at the opening, June 27 1988, the share purchase warrants of Corona Corporationwill be posted and called for trading on the VSE. These warrants are to be distributed to shareholders of Galveston, International Corona and Royex as described below.

Galveston, Int'l Corona and Royex have each announced a distribution of warrants to shareholders of record at the close of business on June 30 1988 (record date).
Holders of Galveston class A subordinate voting shares or class B common shares on the record date will be entitled to receive one warrant exercisable for class A shares of Galveston for each 23 class A shares or each 23 class B shares held on the record date. One Galveston warrant entitles the holder to purchase 2.3255 class A shares of Galveston at $5.16 per share, commencing after July 15 1988, until 4:00 p.m., June 30 1990.

Holders of Int'l Corona common shares on the record date will be entitled to receive one warrant exercisable for common shares of Corona for each six common shares held on the record date. One Int'l Corona warrant entitles the holder to purchase one common share at $12.00 per share, commencing after July 15 1988, until 4:00 p.m. June 30 1988.

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