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*Calais Resources Inc. 
Listed Company 

CALAIS RESOURCES INC. ("CIS")
NOTICE TYPE: Delist
NOTICE DATE: February 26, 1999

Effective at the close of business March 15, 1999, the common shares will be delisted from the Vancouver Stock Exchange at the request of the Company.

The common shares of the Company will continue to be quoted on the OTC Bulletin Board.
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