Canadian Warrants

(a). The holders of Angle Resources Ltd common shares will be entitled to receive 0.89 common shares of the amalgamated company for each one share held;
(b). The holders of Nexus Resource Corporation common shares will be entitled to receive one common share of the amalgamated company for each one share held;
(c). The holders of Reward Resources Ltd common shares will be entitled to receive 0.33 common share of the amalgamated company for each one share held.
Existing Angle Resources Ltd series A share purchase warrants:

The issued and outstanding series A share purchase warrants of Angle Resources Ltd will continue to trade through the facilities of the VSE and will entitle the holder thereof to purchase shares of Nexus Resource Corporation on the following terms:
Two warrants may be exercised to purchase 0.89 shares of Nexus Resource Corporation (the amalgamated company) at any time up to the close of business December 19 1988 at a price of $2.10 per share.
 
Wt symbol:  AGU.WT.A
Wt security No:  875302
Wt Cusip No:  03476C 11 0
 
Capitalization:  300,000,000 shares of which 13,320,209 shares are issued and outstanding
Escrow:  833,927
Transfer agent:  National Trust Company
Security No:  484713
Cusip No:  652900 10 1
 
1987-07-24 01:00 MT - Warrants Called to Trade

Effective at the opening, July 24, 1987, 600,000 series A share purchase warrants were posted and called for trading.
Two warrants are required to purchase one share of the company at $3.99 per share on or before January 20, 1988.
 
Trading Symbol:  NXS.WT.A
Wt Security Number:  905389
Wt CUSIP Number:  652900 14 3