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Warrants Alert

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Warrant Symbol - WGC.WT.A
Number  Trading - 1,650,000
Expiration Date - August 1 1996
Cusip - 97540 E 11 0

Warrants called to trade news:
 
1996-04-24 16:42 MT - SMF Date Price Fixed
 
The company's SMF dated April 19 1996 has been filed with and accepted by the BCSC and the VSE.
 
Effective date:  April 24 1996
Offering date:  April 25 1996
Expiry date:  August 1 1996
Offering:  A minimum of 650,000 units and a maximum of 1,000,000 units. Each unit consisting of one share and one series A share purchase warrants.
Unit price:  $0.58
Agents:  Canaccord Capital as to a minimum of 455,000 units and a maximum of 700,000 units; Yorkton Securities as to a minimum of 195,000 units and a maximum of 300,000 units

Agents' Wt:  162,500 share purchase warrants to purchase one share as to 113,750 to Canaccord and 48,750 to Yorkton.
Agents' Wt exercise price:  $0.58 up to April 25 1997
Agents' commission:  7.5%
Greenshoe option:  Up to 15% for 60 days
 
Wt trading symbol:  WGC.WT.A
Transfer agent:  Pacific Corporate Trust Company
Wt security No.:  920915
Wt Cusip No.:  97540 E 11 0
Unit security No.:  872566




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