Communiqués de presse

TSE Listing of Triax Resource Limited Partnership Units

TRF General Partner Inc., as General Partner of Triax Resource Limited Partnership is pleased to announce the listing of Triax Resource Limited Partnership Units on the Toronto Stock Exchange. Under the ticker symbol TRF.UN, the Units are expected to commence trading on Monday, May 29, 2000. Altamira Management Ltd. is the Investment Advisor to the Partnership.

For further information: contact - Paul V. Dinelle, Senior Vice-President, Triax Capital Holdings Ltd., (416) 362-2929 or (800) 407-0287