Millstream Mines Ltd. has closed effective December 31,1998 at midnight it's flow-through share offering commenced September 01, 1998. The offering consisted of units in the capital stock of Millstream at a price of $0.30 per unit. Each unit is comprised of one (1) common voting share and one half (1/2) common share purchase warrant; each full share purchase warrant being exercisable for eighteen (18) months at a price of $0.45 per share.

The private placement flow-through offering totaled 1,355,037 units for an amount of $406,509. These proceeds are being used to continue the exploration program on the Potter Mine Property.

Millstream, also wishes to take this opportunity to invite it's shareholders and the interested public to visit it's hospitality suite (the Vancouver Suite) at the Royal York Hotel during the PDAC in Toronto, March 14 to 17th. Drill core will again be on display.

Millstream further wishes to announce and remind the interested public of its web site location, WWW.MILLSTREAMMINES.COM.

The principle objective of Millstream Mines Ltd. is to enhance and develop known mineral properties to production potential. Millstream holds mineral claims or interests, directly or through wholly owned subsidiaries in Canada, USA, and the Czech Republic.

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No regulatory authority or similar body approved nor disapproved the information contained herein.