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New Listing Bulletin

For Immediate Release

98/19


CONTACT:

JULY 17, 1998

WADE J. MURRAY
information@vse.ca
(604) 643-6592
Goodfellow Resources Ltd. Lists on VSE
Effective at the opening on July 17, 1998, Goodfellow Resources Ltd. commenced trading on the Vancouver Stock Exchange. The company is classified as a "Venture" company and trades under the symbol "GDR".

Incorporated in British Columbia, Goodfellow Resources Ltd. is engaged in the acquisition, exploration and development of mining properties. The company is currently earning an interest in a group of mining claims commonly referred to as the Goodfellow Property located 40 kilometres east of Plaster Rock, North-Western, New Brunswick.

Goodfellow Resources Ltd. has completed its initial distribution of shares to the public for total gross proceeds of $315,000. The company’s capitalization is 10,000,000 shares with no par value, with 2,475,000 common shares issued and outstanding (including 750,000 shares held in escrow). Montreal Trust Company of Canada is the transfer agent and Haywood Securities Inc. is the sponsoring member.

For further information, please refer to the Company’s Prospectus dated April 7, 1998.

GOODFELLOW RESOURCES LTD.
Brian E. Bailey, President
850 - 1095 West Pender Street
Vancouver, BC  V6E 2M6
Phone: (604) 689-1428

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