



| Tue Mar 27, 2001 Debt Settlement Approved | |
| Sultan Minerals Inc. (SUL-Cdnx) has received regulatory acceptance to issue a total of 885,531 common shares at a price of $0.10 per share, subject to a four-month hold period ending July 26, 2001, in satisfaction of indebtedness in the amount of $88,553.16. The Company expects that the proposed debt settlement will assist the Company in maintaining the minimum required working capital. A.G. Troup, P.Eng. President For further information please contact: Investor Relations at the Lang Mining Group Tel: (604) 687-4622 Fax: (604) 687-4212 Toll Free: 1-888-267-1400 Email: Investor@langmining.com Ticker Symbol: SUL-cdnx SEC 12g3-2(b): 82-4741 No regulatory authority has approved or disapproved the information contained in this news release | |
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