Snowfield Resources
Ltd. Lists on VSE
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Effective at the opening January 7, 1998, Snowfield
Resources Ltd. was posted and called for trading on the Vancouver Stock Exchange. The
company is classified as a "Venture" company and trades under the symbol
"SNO".
Snowfield Resources is a natural resource company engaged in the acquisition, exploration
and development of mineral properties. Snowfield's principal property is the Snow Property
situated in the Alberni Mining Division of Vancouver Island, British Columbia.
The company has completed its initial distribution of shares to the public for total gross
proceeds of $669,500 (910,000 units at $0.55 per share).
The company's capitalization is 100 million common shares with no par value of which
4,178,971 common shares are currently issued and outstanding (including 750,000 shares in
escrow). Pacific Corporate Trust Company is the transfer agent and Union Securities Ltd.
is the sponsoring member.
For further information, please refer to the company's Prospectus dated October 27, 1997.
SNOWFIELD RESOURCES LTD.
Robert T. Paterson, President
604 - 675 West Hastings Street
Vancouver, BC V6B 1N2
Phone: (604) 681-5720 |
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