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Website - http://www.yamana.com/

 

Warrant Symbol - DSM.WT
Number  Trading - 5,882,353
Expiration Date - Nov. 20, 2008
Cusip - 25043V 12 3
Warrants called to trade news

Desert Sun warrants called to trade on Nov. 20

2003-11-18 20:06 ET - Warrants Called to Trade

TSX bulletin 2003-1248

A total of 5,882,353 common share purchase warrants of Desert Sun Mining will be
listed and posted for trading at the open on Nov. 20, 2003, under the following
trading information:

Warrant symbol:  DSM.WT
Warrant Cusip No:  25043V 12 3
Designated market-maker:  J. Cauz W.D. Latimer Co. Ltd.
Other markets:  None

The warrants will be issued as part of an offering of units at $1.70 per unit, each unit
consisting of one common share and one-half warrant pursuant to the terms of a
short form prospectus dated Nov. 12, 2003. Details of the prospectus offering are
contained elsewhere in today's bulletins.

Each one whole warrant entitles the holder to purchase one additional common
share of Desert Sun at a price of $2.50 per share until 5 p.m. (Toronto time) on the
date that is five years following the closing. The warrants will be governed by the
terms of a warrant indenture dated as of Nov. 20, 2003, between Desert Sun and
Equity Transfer Services, Inc., as trustee. The warrant indenture will provide for
appropriate adjustments to the warrants in the event of stock dividends,
subdivisions, consolidations and other forms of capital reorganization.

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