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Show OIL & MINING JOURNAL PAGE 6 AUGUST 17,1970 OOOOOOOOOOOOOOOOOOOOOOOOI Silver Reef to purchase stock NEW YORK Under an agreement signed by Silver Reef Mines Ltd. and J.L Davis, president of Honolulu Oil Co., Silver Reef will purchase all the outstanding shares, of Honolulu Oil Co. for 1,375,000 shares of unissued Silver Reef stock. Honolulu Oil will then become a wholly owned Four wells in the subsidiary of Silver Reef. Eagle Springs field near Ely, Nev., are being equipped and should be in production in the near future, Honolulu Oil holds or is about to acquire oil and gas leases which contain 9 wells that have successfully penetrated pay horizons. Two of the 9 wells, located in the Woodland fields near Sacramento, Calif., are completed and introduction. 4 OF according to an announcement by the company. Company management said it expects the acquisition of Honolulu Oil and its assets to develop a substantial cash flow for Silver Reef. LAS VEGAS BY DICK TAYLOR and PAT HOWELL Cont. Dynamics silver contract Continental in a letter to announced the contract with Inc., shareholders, has signing of a silver a Swiss banking Dynamics, fur corporation, Terminhandel of Zurich, for 13 AG million ounces of silver. The contract, for a two-yea- r period, shoiild net Continental well over DynamTcs according to $2,600,000, Malcolm Lee Morrison, He said another contract with a large pending domestic concern dealing in precious metals for a 4,000,000 ounce sale should net another $800,000. Morrison said Continental has been notified by the pipeline company that the gas well in which it has an overriding interest (Johnson No. 1 in Ochiltree County, Texas) has been connected. An offset well is in the process of being drilled, Morrison said. Continental Dynamics has president. purchased the controlling interest of Kellcam Exploration Ltd. with home offices in For the first time the true behind the scenes story is available to the public. This true story is written by authors who are well versed in the lurid background of the area. They cover all phases of Las Vegas and the people who operate the Gambling Halls. Continental firm Commodities, Inc. The commodities brokerage will joint venture with ANDCO, Inc., a Chicago based brokerage with 42 offices throughout the U.S. anf foreign countries, Morrison said. - A COMPLETE HISTORY . . . 16 PAGES OF PHOTOGRAPHS . . BONA FIDE RESIDENTS OF THE STATE OF UTAH ONLY NEW ISSUE 10,000,000 Shares Common HARD-COVE- Value $.03 Share Stock-P- ar LIBRARY QUALITY . R A PRESTIGE POSSESSION . . . TAPE-LICATO- R, GO INC. OFFERING PRICE: 3 Centt Share UTAH SCENE PUBLISHING CO. P.0. Box 19243 is a dsvica developed in response to the fact the that, despite greet quantities of pressure-sensitivtape used in business and industry, nothing on the market could provide a rapid and convenient method of application. Tape licet or introduces a new concept in applicators for pressure-sensitiv-e tapes. TAPE-LICATO- R Salt Lake City, Utah 84119 e Please send me copies of your exciting and factual expose' of LAS VEGAS. Inclosed is fny check or money order for $ -- Copies of the Offering Circular may be obtained from the undersigned: THORNTON D. MORRIS & CO. developing gold properties near Atlin, British Columbia, and B.C. Nevada 'a commodity brokerage This announcement is neither an offer to sell nor a solicitation of an offer to buy any of these securities. The offering is made only by the Offering Circular. - Kellcam is presently Laidlaw, Published by Naylor Publishing Co. San Antonio, Tens incorporated and licensed in on the Laidlaw property indicate a gross of approximately $1,000 per day in the near future, Morrison said. The corporation is developing an insurance department which will offer coverage to shareholders and the general public, Morrison said, and has projections EG The company, on the Vancouver presently unlisted exchange, is primarily engaged in gold and silver production, Morrison said. Vancouver, AN EXCITING INSIDE STORY NAME 715 KEARNS BLDG. ADDRESS SALT LAKE CITY, UTAH 84101 3559665 - 363-69- CITY 98 : AND STATE: Income n H y y s y V s y 4 y y y h y 4 y 0 y y y y y y y y ONLY $10 FOR AN ENTIRE YEAR OF MINING & OIL INFO s If Ptcuai&l: ! JUST CLIP THIS COUPON at. OR & URJIUG JOtntlAl P. 0. Bex 19243, Sdt Idw CHy, Web 34119 Rocky Flm cater ny sebtaiptfea to AND MAIL h it toty Bsstfsb KL ft CCC23 State y CHECK ONE: OnaYaorliO s 2 yarn $1B Zip Coda 3yars$21 iO2L |