-----------------------------------
CUSIP No. 000000000
-----------------------------------
EXHIBIT 1
AGREEMENT dated as of February 5, 2002, by and among Xxxxx X. Xxxx &
Associates, Inc., a Texas corporation, and Prudent Bear Funds, Inc., a Maryland
corporation.
WHEREAS, in accordance with Rule 13d-1(k) of the Securities Exchange Act of
1934 (the "Act"), only one such statement need be filed whenever two or more
persons are required to file a statement pursuant to Section 13(d) of the Act
with respect to the same securities, provided that said persons agree in writing
that such statement is filed on behalf of each of them.
NOW, THEREFORE, in consideration of the premises and mutual agreements
herein contained, the parties hereto agree as follows:
Both Xxxxx X. Xxxx & Associates, Inc. and Prudent Bear Funds, Inc. hereby
agree, in accordance with Rule 13d-1(k) under the Act, to file one Statement on
Schedule 13G relating to their ownership of the Common Stock of Canyon Resources
Corporation, and hereby further agree that said Statement shall be filed on
behalf of both Xxxxx X. Xxxx & Associates, Inc. and Prudent Bear Funds, Inc.
Nothing herein shall be deemed to be an admission that the parties hereto, or
any of them, are members of a "group" (within the meaning of Section 13(d) of
the Act and the rules promulgated thereunder) with respect to any securities of
Canyon Resources Corporation.
IN WITNESS WHEREOF, the parties have executed this agreement as of the date
first written above.
XXXXX X. XXXX & ASSOCIATES, INC.
By: /s/ Xxxxx X. Xxxx
---------------------------------------------
Xxxxx X. Xxxx, President
PRUDENT BEAR FUNDS, INC.
By: /s/ Xxxxx X. Xxxx
---------------------------------------------
Xxxxx X. Xxxx, President
Page 6 of 6 Pages
