Ahh Canada - Insider Trading

[Ed Monton]

RAB SPECIAL SITUATIONS L.P.

NOVEMBER 27, 2003 - 12:05 ET

RAB Special Situations L.P.: Press Release

DOVER, DELAWARE--RAB Special Situations L.P. ("Special
Situations") announces that Special Situations, RAB Europe Fund
Ltd. (the "Fund"), and Mr. William Philip Seymour Richards ("Mr.
Richards" and collectively with Special Situations and the Fund,
the "Subscribers") subscribed for a total of 4,000,000 units (the
"Units") of Trivalence Mining Corporation (the "Company"), at a
price of Cdn.$0.50 per Unit (the "Private Placement"). Each Unit
consists of one (1) common share of the Company (a "Share") and
one common share purchase warrant (each whole warrant being a
"Warrant"). Each Warrant entitles the Subscribers to purchase one
Share at a price of Cdn.$0.75 for a period of twenty-four (24)
months from the closing. The transactions took place off the
market by way of private placement.

The Subscribers may be considered joint actors. As part of the
Private Placement, Special Situations acquired 2,200,000 Units
(representing approximately 17.2% of the issued and outstanding
Shares on a partially diluted basis (assuming exercise of its
Warrants) ("Partially Diluted Basis"), the Fund acquired
1,700,000 Units (representing 13.56% of the issued and
outstanding Shares on a Partially Diluted Basis) and Mr. Richards
acquired 100,000 Units (representing approximately 0.85% of the
issued and outstanding Shares on a Partially Diluted Basis). Each
of the Subscribers has ownership of and control over the
securities purchased in the Private Placement.

Immediately after the Private Placement, Special Situations will
own 2,200,000 Shares and 2,200,000 Warrants representing
approximately 17.2% of the issued and outstanding Shares on a
Partially Diluted Basis, the Fund will own 1,700,000 Shares and
1,700,000 Warrants representing approximately 13.56% of the
issued and outstanding Shares on a Partially Diluted Basis, and
Mr. Richards will own 100,000 Shares and 100,000 Warrants
representing approximately 0.85% of the issued and outstanding
Shares on a Partially Diluted Basis.

The Subscribers purchased Units for investment purposes only and
not with the purpose of influencing the control or direction of
the Company. Special Situations, the Fund and Mr. Richards
together with joint actors, if any, may, subject to market
conditions, make additional investments in or dispositions of
securities of the Company in the future, including additional
purchases of Shares. Special Situations, the Fund and Mr.
Richards together with joint actors, if any, do not, however,
intend to acquire 20% of any class of the outstanding voting
securities of the Company.

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:
RAB Special Situations L.P.
Mr. Neil Warrender
(44) 20-7389-7000
[e-mail].
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.