<REALM RESOURCES INC> SELLS SHARES PRIVATELY
Realm Resources Inc said it has sold
privately 500,000 common shares and 500,000 shares of three dlr
per share Series A preferred stock for total proceeds of
1,500,000 dlrs.
    The company said proceedsd will be used to funds oil and
natural gas prospect generation efforts.
    Realm also said it has placed a large block of Canadian
metals mining company Getty Redsources Ltd with a group of
investors and expects to earn a fee of up to one mln dlrs for
its efforts, with proceeds to be used to fund investments in
mining ventures, particularly precious metals ventures.
    Realm further said its Class A common stock has been
converted to common stock to simplify its capital structure.
    It said it is considering a filing for a NASDAQ listing.
 Reuter
