Communiqués de presse

TSE listing of Triax Resource Limited Partnership II Units

TORONTO, Feb. 19 /CNW/ - Triax Resource (II) General Partner Inc., as General Partner of Triax Resource Limited Partnership II, is pleased to announce that The Toronto Stock Exchange has approved the listing of the Partnership's units under the ticker symbol TXL.UN. It is anticipated that the Partnership's units will commence trading on Wednesday, March 1, 2001.

The Partnership's investment objective is to achieve capital appreciation through investment in a diversified portfolio of equity or equity-linked securities of oil and gas and mining corporations based primarily in Canada. The Partnership's investment advisor is Altamira Management Ltd.