TCR_Public/951122.MBX BANKRUPTCY CREDITORS' SERVICE, INC.



        U.S. BANKRUPTCY COURT OKAYS CASINO RESOURCE CORPORATION'S PURCHASE
        OF PALACE CASINO, BILOXI, MISSISSIPPI

        
            BILOXI, Miss., Nov. 22, 1995 -- The United States
        Bankruptcy Court for the Southern District of Mississippi ruled
        Tuesday, November 21, in favor of the proposed purchase of the
        Palace Casino located in Biloxi, Mississippi by Casino Resource
        Corporation, (Nasdaq: CSNR).  The dockside vessel will be purchased
        by Casino Resource Corporation for a total cash purchase price of
        $12.0 million.  The ruling follows several months of negotiation and
        extends the closing date of the transaction to January 31, 1996, in
        exchange for the court's granting to Casino Resource Corporation, in
        lieu of exclusivity, a right of first refusal as protection against
        any competing offer that might be entertained through that date.
        


            The terms of the company's offer were previously accepted by the
        Maritime Group, Ltd., which will
continue to operate the property
        under Chapter 11 reorganization until the closing date of the
        transaction. According to Jack Pilger, chief executive officer,
        Casino Resource Corporation contemplates financing its purchase of
        the property through a combination of debt and equity, or through a
        joint venture partner who would provide part or all of the equity.
        Pilger emphasized that Casino Resource Corporation is not
        considering a Reg. S offering.  "We recognize our obligation to
        shareholders and are committed to acting in their best interest and
        in the best long-term interest of the company," he said.

        
            Pilger also noted that the company remains committed to keeping
        the facility on the Mississippi Gulf Coast.  "With certain
        operational improvements and the capital restructuring we expect to
        put in place, Casino Resource Corporation's purchase of the Palace
        Casino represents an important opportunity for the company, its
        shareholders, and the continued economic health of the region," said
        Pilger.  "We are confident in our ability to structure financing
        that will be appropriate to the property's performance and that will
        help optimize return over cost to our shareholders," he added.
   

     
            Pilger also noted that licensing to operate the property is
        being processed through the Mississippi Gaming Commission, which he
        anticipates will be finalized by the Commission at its December 28
        meeting.  "While there are always certain `unknowns' about a project
        of this magnitude, many positive developments have been running
        parallel to yesterday's decision by the court, and we are encouraged
        by the progress that has been made along several fronts to position
        Casino Resource Corporation as a full-fledged gaming and
        entertainment company," said Pilger.  He added that while the
        company is considering relocating the vessel to a berth with
        frontage on I-90, he expects in any event that the property will
        begin cash flowing under new ownership during the first calendar
        quarter of 1996.
      

  
            Announcement of the court's decision follows the newly signed
        management agreement between Harrah's Entertainment and the Pokagon
        Band of Potawatomi Indian Tribe to develop and operate casinos for
        the Tribe in Southwestern Michigan and Northern Indiana.  Casino
        Resource Corporation will serve as a paid consultant and technical
        advisor to Harrah's in the implementation of these agreements,
        receiving 21.6 percent of Harrah's management fee throughout a five-
        year term and any extensions.  The agreement does not require Casino
        Resource Corporation to provide any of the capital necessary for
        development.
        


            Casino Resource Corporation is a diversified hospitality and
        entertainment enterprise.  The company owns and operates the 2,000-
        seat Country Tonite Theatre in Branson, Missouri; Country Tonite
        Enterprises, an award-winning theatrical production company in Las
        Vegas (producers of the "Country Tonite Show," currently in its
        fourth year at the Aladdin Hotel); and the 154-room Grand Hinckley
        Inn, located in Hinckley, Minn., adjacent to the Grand Casino.  In
        addition, the company has entered into strategic alliances for the
        development of Indian gaming properties in Michigan and Indiana.
        


        /CONTACT:  Jack Pilger, CEO, or Robert J. Allen, VP,
        601-435-1976, both of Casino Resource Corporation; or Madeleine
        Franco,
        or Mark Grapin, 801-595-8611, both of Jordan Richard Assoc./




        HARRAH'S JAZZ COMPANY FILES FOR BANKRUPTCY
PROTECTION OF NEW ORLEANS
        CASINO

        
            NEW ORLEANS, La., Nov. 22, 1995 -- href="chap11.harrahs.html">Harrah's Jazz Company
        announced today that it filed a voluntary bankruptcy petition under
        Chapter 11.
        


            Harrah's Jazz has been informed that the lenders to the Harrah's
        Jazz partnership have determined not to disburse funds under its
        bank credit facilities.  Harrah's Jazz Company required
        disbursements under the bank credit facilities in order to continue
        with the construction of the Canal Street Casino.  Construction on
        the Canal Street Casino has been suspended and all payments stopped.
        Harrah's Basin Street temporary casino has ceased operations.  The
        bank lenders have accelerated the bank debt and applied all amounts
        in the bank disbursement account to repayment of the bank debt.
        


            Harrah's Jazz Company will seek to restructure the Harrah's Jazz
        financing and renegotiate other contractual terms which have
        substantially raised the fixed costs of the temporary and permanent
        casinos.  Harrah's Jazz intends to commence negotiations with its
        creditors immediately in an effort to restructure its outstanding
        debt, and with other parties on matters relevant to the project.
        


        The case was filed in the U.S. Bankruptcy Court, District of Delaware.


        /CONTACT:  Ralph Berry, Harrah's Management, 901-762-8629/




        HARRAH'S ENTERTAINMENT COMMENTS ON HARRAH'S JAZZ BANKRUPTCY FOR ITS
        NEW ORLEANS CASINO PROJECT

        
            MEMPHIS, Nov. 22, 1995 -- Harrah's Entertainment,
        Inc.(NYSE: HET) announced today that it expects to write off its
        investment in the Harrah's Jazz
Company
partnership due to the
        voluntary bankruptcy filing of its New Orleans casino project.  A
        subsidiary of Harrah's Entertainment, Inc. is one of three partners
        in Harrah's Jazz Company with New Orleans/Louisiana Development
        Corporation (NOLDC) and Grand Palais Casinos.  The Harrah's Jazz
        Company partnership has been informed by its lenders that they have
        determined not to disburse funds under its bank credit facilities.
        Harrah's Jazz Company required disbursements under the bank credit
        facilities in order to continue with construction of the Canal
        Street Casino.
        


             If the full amount of Harrah's Entertainment's current balance
        of investment and amounts due to Harrah's Entertainment by the
        partnership, plus other costs associated with the bankruptcy were
        charged to income, an approximate 55 cents to 60 cents per share
        after tax effect on income as a one-time charge would result.  The
        current outstanding debt of the partnership in non-recourse to
        Harrah's Entertainment and the other partners.
        


            Construction has been suspended on the Canal Street Casino.
        Harrah's Basin Street temporary Casino has ceased operations.  The
        bank lenders have accelerated the bank debt and applied all amounts
        in the bank disbursement account to repayment of the bank debt.
        


            Harrah's Jazz Company will seek to restructure the Harrah's Jazz
        financing and renegotiate other contractual terms which have
        substantially raised the fixed costs of the  temporary and permanent
        casinos and impeded their operation.  Harrah's Jazz intends to
        commence negotiations with its creditors immediately in an effort to
        restructure its outstanding debt and with other parties on matters
        relevant to the project.
        


            "While Harrah's Entertainment still believes the Canal Street
        Casino can be a success if restructured," said Philip Satre,
        president and CEO of Harrah's Entertainment, "it has become obvious
        to us that the project as it is now configured cannot succeed with
        its existing financial structure, the current levels of
        participation by various partners and parties, and the political and
        operating risks of the market.
        


            "Harrah's Entertainment has met every one of its legal
        obligations to Harrah's Jazz Company.  However, from the original
        bid by Harrah's Entertainment in conjunction with NOLDC, the capital
        costs have risen from $425 million to an estimated $855 million
        driven by numerous changes in scope and delays caused by
        requirements of the City of New Orleans' previous administration and
        the State of Louisiana.  As a result, the fixed costs of the project
        have increased while the anticipated market demands has yet to
        materialize," Satre added.
        


            Harrah's Entertainment is an independent New York Stock Exchange
        traded company operating 15 additional open, operating and highly
        successful casinos in eight states and has five additional casinos
        under development.  Its participation in Harrah's Jazz is as a
        partner and management company.  The ultimate fate of the casino
        project in New Orleans does not impact the individual operations of
        Harrah's other casinos and pending developments, and impacts
        Harrah's Entertainment only to the degree of the financial
        investment in New Orleans.
        


        /CONTACT:  Ralph Berry, Harrah's Entertainment, Inc. 901-762-8629/



AZCO Mining - Update respecting Princeton
        Mining Corporation

        
         
            VANCOUVER, B.C.--Nov. 22, 1995--AZCO MINING
        INC. (TSE, AMEX:AZC) AZCO Mining Inc. (the "Company") announces an
        update in respect to its agreement in principle of September 20,
        1995 (the "Agreement") with Princeton Mining Corporation
        ("Princeton").  
        


            Under the terms of the Agreement the Company has made request
        for access to the $3 million credit facility to be supplied by
        Princeton, however, this request has not been fulfilled.  The
        Company has issued notice to Princeton of noncompliance with the
        Agreement and with such funding request.  Princeton has advised the
        Company that it is making all efforts to secure funding to satisfy
        the request but, in any event, has further advised that it disagrees
        with the Company's interpretation as to the requirement to provide
        the facility and disagrees with the Company's position that it is in
        non-compliance of the Agreement.  
    

    
            In the event that the credit facility is not available on terms
        acceptable to the Company or the shareholders of the Company do not
        approve the Phelps Dodge transaction, and without any other
        financing alternative, the Company would be compelled to seek
        reorganization pursuant to Chapter 11 of Title 11 of the U.S. Code
        or a liquidation pursuant to Chapter 7 or title 11 of the U.S. Code.
        

On behalf of the Board of Directors of AZCO Mining Inc.
        Alan P. Lindsay
        Chairman and Chief Executive Officer
        

NOTE TO EDITORS: This news release has been prepared by
        management of the company  who takes full responsibility for its
        contents.  The American     Stock Exchange and the Toronto Stock
        Exchange neither approve nor disapprove the contents of this news
        release.                     
        


        CONTACT:  Alan P. Lindsay, 604/682-7286;
                  Anthony Harvey, 604/682-7286;
                  Paul Lathigee, 604/682-7286
                  or 800/563-7939;
                  604/685-4320 (Fax)



        TOM AND WANDA CLANCY AMONG VICTIMS OF ELABORATE INVESTMENT SCHEME

        
            CAMP SPRINGS, Md., Nov. 22, 1995 -- Representatives of Tom
        and Wanda Clancy released the following:
        


            An Alexandria, VA., man rounded up over $6 million between 1992-
        1994 in a complex investment scheme that victimized dozens of
        Maryland residents, including author Tom Clancy and his wife, Wanda,
        according to a November 10, 1995 complaint filed in the Circuit
        Court of Prince George's (MD.) County.  The Maryland Securities
        Division is charging that the man, Richard A. Scott, engaged in
        "acts, practices and a course of business that operated as a fraud
        on Maryland investors ... "
        


            In the multi-layered scheme, some investors approached by Scott
        thought they were putting their money into a special investment
        program at Scott's coin and stamp operation for which the promoter
        "guaranteed" a 15 percent return.  Investors were told that the Camp
        Springs, Md.- based business, Goldie's Coin and Stamp Center,
        generated these results through transactions involving gold coins
        purchased from estates. Other investors thought they were investing
        in a brokerage account or accounts controlled by Scott and to which
        only he had direct access. The Maryland Securities Division alleges
        that Scott told investors that he had an investment  return track
        record of 30 percent a year.
        


            Investigation revealed that the vast majority of the funds from
        both of the investment programs went into a single brokerage account
        controlled by Scott.  Most investors were not advised that their
        funds were being pooled with those of others, that the account was
        being traded on margin, that intense speculation in risky options
        contracts was a major focus, and that they could not liquidate their
        funds on short order, according to the Maryland complaint.  In other
        cases, the Maryland complaint alleges, investors who asked Scott to
        purchase specific stocks later learned that the transactions had not
        been completed.
        


            In a joint statement issued today, Tom and Wanda Clancy said:
        "Along with many of our friends and fellow community members, we
        were taken in by Richard Scott's elaborate and professionally
        promoted investment scheme. This was not some high-roller, ultra-
        risky investment strategy.  To the contrary, Scott presented it as
        an extraordinarily safe and solid investment program.  We didn't
        intend to be a part of speculative tactics like options or buying on
        margin.  That's not how it was presented to us."
        


            Ellyn L. Brown, the Clancy's attorney and a former Maryland
        securities commissioner, explained:  "This investment scheme bears
        many of the classic hallmarks of a successful swindle.  It grew
        within a network of friends, relatives and associates, many of whom
        were long- time investors and major community figures.  It featured
        a complex series of transactions and reports.  It involved the
        artful construction of fictitious account statements and oral
        representations.   In my experience, the most successful swindles
        are complicated, seem entirely credible at the time, and flourish in
        an environment of trust. Unfortunately, this was one of those
        situations."
        


            In its action, the Maryland Securities Division points to
        widespread violations of the Maryland Securities Act, including
        failure to register securities, operating an unregistered investment
        company, acting as an unregistered broker-dealer and broker-dealer
        agent, and posing as an investment adviser without proper
        registration.  On November 10, 1995, the state agency went to the
        Circuit Court of Prince George's County seeking injunctive relief, a
        freeze of all corporate, bank, and brokerage assets, appointment of
        a receiver, and the establishment of a constructive trust for the
        victims.
        


            On November 2, 1995, Goldie's filed for Chapter 11 bankruptcy
        protection in the U.S. Bankruptcy Court for the District of
        Maryland, Southern Division.  According to the state's complaint,
        less than $400,000 remains in the brokerage account controlled by
        Scott.
        


            Since December 1992, Tom and Wanda Clancy have invested over
        $1.4 million with Scott.  Of the amount, $200,000 was supposedly
        placed by Scott in the guaranteed 15 percent account, with the
        balance, $1.2 million, going into stocks.  In statements to the
        Maryland Securities Divisions, the Clancys indicated that they were
        told neither about the pooled nature of the stock investments nor
        the high investment risks involved.  Further, Scott appears not to
        have made at least $200,000 in purchases of certain stocks that he
        represented had been acquired on behalf of the Clancys.  When the
        promoter was ordered by Mr. Clancy in October 1995 to liquidate a
        portion of the couple's portfolio, Scott failed to do so, according
        to Tom Clancy's affidavit.
        


            In their statement, the Clancys said:  "I don't think we were
        targeted because we are the Clancys.  We have good friends who lost
        only a few thousand dollars.  Some of them are retirees.  This
        promoter was indiscriminate and cold-blooded.  Anybody with a few
        dollars was considered a target of opportunity."
        


            Among other investments, Scott managed a $100,000 trust set up
        by the Clancys for the college educations of the children of a
        deceased family friend.  The Clancys also contributed $450,000 to
        their children's school, which the institution invested with Scott
        in 1993. In October 1995, the school asked that Scott liquidate
        $200,000 of the amount.  He has failed to do so, according to the
        Maryland Securities Commissioner's complaint.
        


            In a separate comment, Tom Clancy said:  "I have encountered
        many things in my life, but never before the cold, manipulative
        deception that characterized this swindle.  I have been fortunate to
        deal almost exclusively with outstanding and reputable people.  I
        wonder if there really is a defense against someone who is so
        `wrong' that they will say anything and produce completely phony
        documents and reports in order to hold together a complex tissue of
        lies.  On one level, I suppose it's a good thing that I have so much
        difficulty understanding what goes on in the head of someone who
        would rob the trust fund set up for the children of a deceased
        friend."
        


        /CONTACT:  Scott Stapf, on behalf of Tom and Wanda Clancy,
        703-276-1116 (office) or 800-570-4400 (pager)/




KLH Engineering Group reports results; plans
        one-for-fifty reverse stock split

        
            ENGLEWOOD, Colo.--Nov. 22, 1995--KLH
        Engineering Group Inc.
(OTC Bulletin Board:KLHE) reported a
loss of
        net income of $1,669,005 or (1 cent) per share, on revenues of
        $298,702, vs. a loss of net income of $808,031 or (1 cent) per share
        on revenues of $4,283,907 in the previous year's third quarter.
        


            Weighted average common shares outstanding were reported at
        120,286,679 vs. 56,700,839 on a comparable quarter basis.
        


            Nine month net income loss for the year was reported at
        $2,074,991, or (2 cents) per share, on revenues of $5,251,032, vs. a
        loss of net income of $636,311, or (1 cent) per share on revenues of
        $8,177,836.  Weighted average shares outstanding were reported at
        123,354,337 vs. 48,875,524 on a comparable basis.
        


            The company also announced its intention to reverse split its
        common stock on a one-for-fifty basis, in order to increase the
        price per share to a level investors will find more attractive.
        


            According to Rod Clawson, president of KLH Constructors: "While
        the earnings still remained negative for the quarter, KLH
        Engineering Inc. was able to achieve some very positive results in
        cost containment.  Operating and general and administrative costs
        declined 28% over the comparable nine-month period.  The nine months
        results, also reflect charges incurred in closing our office in
        Mexico in mid-year.
        


           "Additionally, third quarter revenues were impacted by a one-time
        nonrecurring writedown charge of $1,299,177, or 1 cent per share,
        attributed to our subsidiary, Tomahawk Construction Inc.  This
        charge occurred in conjunction with its emergence from bankruptcy in
        August, 1995.  
        


            "We anticipate that the fourth quarter will be a pivotal point
        for KLH, with a significant contribution by Tomahawk close at hand.
        We are also continuing to obtain more diversified contracts with a
        design/build focus to improve our direction towards profitability."
        


            KLH Engineering Group Inc. is a full-service consulting,
        engineering, surveying and construction firm based in Englewood,
        specializing in design/build services for the development community.
        


        CONTACT:  REOVEST, Golden, Colo.,
                  Bob Oberndorf, 303/642-0073




Audre announces restructure of top
        management

        
            SAN DIEGO--Nov. 22, 1995--Audre
Recognition
        Systems Inc.
("Audre") announced a restructuring of its top
        management.
        


            Thomas Casey will now focus all his attention on AUDRE Inc., the
        wholly owned operating entity of Audre Recognition Systems Inc. and
        will remain the president of AUDRE Inc.  The company's board of
        directors assumes the roles of Audre's and AUDRE Inc.'s chief
        executive officer and chief financial officer (positions previously
        held by Casey) through the board's executive and audit committees,
        respectively.
        


            Casey will retain his membership on the board, which is
        currently comprised of Benjamin Huberman, Sergei Givotovsky, Donald
        Lundell, Dr. Dwight Lundell and Dr. James Fiebiger, who was
        appointed the new chairman of the board.  Dr. William Jordan, who
        was previously announced as a member of the board of directors, did
        not join the board.
        


            Robert Ames, a consulting partner with Gray, Cary, Ware &
        Freidenrich, has agreed to join the company as the executive officer
        in charge of its Chapter 11 reorganization, reporting to the
        executive committee.  His duties will include all aspects of the
        company's reorganization effort, including preparation of the
        reorganization plan and negotiations with creditors, as well as
        dealing with issues outside the ordinary course of business for
        AUDRE Inc.  
        


            In an update to its previous announcement regarding the
        engagement of new auditors, Audre announced it is in the process of
        retaining McGladrey & Pullen, the seventh largest accounting firm in
        the nation.  The relationship will be finalized pending McGladrey's
        client acceptance process and approval by the court.
        


            AUDRE (Automatic Digitizing and Recognition), founded in 1983,
        is a designer and developer of automatic document conversion
        software.  The company designs, develops and markets a line of
        proprietary applied intelligence-based software systems.  AUDRE's
        products are used to convert engineering drawings, technical
        publications and maps to computer intelligent formats.
        


        CONTACT:  Cambridge Capital Holdings, Miami,
                  Steven Scheinberg, 305/358-1007
                        or
                  News Media Information, Los Angeles,
                  Tim Kent, 310/442-0599