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New Listing Bulletin

For Immediate Release

98/22


CONTACT:

AUGUST 28, 1998

WADE J. MURRAY
information@vse.ca
(604) 643-6592
Sand River Resources Ltd. Lists on VSE
Effective at the opening on August 28, 1998, Sand River Resources Ltd. commenced trading on the Vancouver Stock Exchange. The company is classified as an "Venture" company and trades under the symbol "SRL".

Incorporated in British Columbia, Sand River Resources Ltd. is involved in the acquisition and development of mineral properties, with interests in the State of Zacatecas, Mexico.

The company’s capitalization is 100,000,000 common shares with no par value of which 16,296,043 common shares are issued and outstanding. Montreal Trust Company of Canada is the transfer agent for the company and Canaccord Capital Corp. is the sponsoring member.

The company was previously listed on the Vancouver Stock Exchange and delisted on November 16, 1994.

For further information, please refer to the Company’s Application for Listing dated August 24, 1998, available on the VSE’s web site at vcinfo.vse.ca.

PARAMAX RESOURCES LTD.
Gregory L. Myers, President
Suite 1650 - 1185 West Georgia Street
Vancouver, BC  V6E 4E6
Phone: (604) 889-2515

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