Exhibit 4.7

 THIS COMMON  STOCK  PURCHASE  WARRANT HAS  NOT  BEEN  REGISTERED  UNDER  THE
 SECURITIES ACT  OF 1933,  AS AMENDED  (THE "SECURITIES  ACT") OR  UNDER  ANY
 APPLICABLE LAW OR  REGULATION  OF ANY STATE.   THIS COMMON STOCK WARRANT MAY
 NOT BE  SOLD,  OFFERED,  ASSIGNED  OR  TRANSFERRED  UNLESS  THE  WARRANT  IS
 REGISTERED UNDER THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS, OR
 UNLESS SUCH OFFERS, SALES,  ASSIGNMENTS AND TRANSFERS  ARE MADE PURSUANT  TO
 THE AVAILABLE EXEMPTIONS FROM THE REGISTRATION REQUIREMENTS OF THOSE LAWS.

                                 CANMAX INC.

                        COMMON STOCK PURCHASE WARRANT

                                                     DATED:  January 11, 1999

 ----------------------------------------------------------------------------
 Number of Common Shares: 50,000                        Holder: Henry Hermann
 Purchase Price:          $0.29
 Expiration Date:         Three (3) years from date of vesting

              For identification only. The governing terms of this
                         Warrant are set forth below.
 ----------------------------------------------------------------------------

      CANMAX INC., a  Wyoming corporation (the  "Company"), hereby  certifies
 that, for value received, Henry Hermann (the "Holder") is entitled,  subject
 to the terms set forth below,  to purchase from the  Company at any time  or
 from time to time prior to the earlier of (a) three (3) years following  the
 date of vesting  of the  Warrant (the  "Exercise Period"),  at the  Purchase
 Price  hereinafter  set  forth,  Fifty  Thousand  (50,000)  fully  paid  and
 nonassessable shares of Common Stock (as defined below) of the Company.  The
 number and character of such shares  of Common Stock and the Purchase  Price
 are subject to adjustment as provided herein.

      The purchase price per share of Common Stock issuable upon exercise  of
 this Warrant  (the "Purchase  Price") shall  initially be  $0.29,  provided,
 however, that the  Purchase Price  shall be adjusted  from time  to time  as
 provided herein.

      As used  herein  the  following terms,  unless  the  context  otherwise
 requires, have the following respective meanings:

           (a)  The term  "Company" means  Canmax Inc.  and any  entity  that
      shall succeed or assume the obligations of such corporation hereunder.

           (b)  The term  "Common Stock"  means the  Company's common  stock,
      .001 par value per share.
<PAGE>

           (c)  The term "Fair Market Value" means  the closing price of  the
      shares of  Common  Stock on  the  date of  delivery  of any  Notice  of
      Exercise as reported on the Nasdaq  SmallCap Market (or other  exchange
      on which the  Common Stock is  traded) or, if  not then  traded on  any
      exchange, then  the closing  price as  of such  date on  the  over-the-
      counter market or, if not quoted  on the over-the-counter market,  then
      as determined by the Board of Directors.

           (d)  The term "Tax  Withholding Liability" means  all federal  and
      state income taxes, social security taxes and other taxes applicable to
      compensation income arising from the exercise of this Warrant  required
      by applicable law to be withheld by the Company.

           (e)  The term "Warrant  Shares" means as  of any  date during  the
      Exercise Period, that number of shares  of Common Stock which shall  be
      exercisable (subject to any vesting requirements) by the Holder  hereof
      pursuant to the terms of this Warrant.

 1. Vesting and Exercise of Warrant; Resale Restrictions.

           1.1.   Vesting. Holder's right to  purchase 25,000 of the  Warrant
      Shares shall vest upon the first  anniversary date of the date of  this
      Agreement, and  the right  to purchase  the additional  25,000  Warrant
      Shares shall  vest on  the eighteenth  month anniversary  date of  this
      Agreement (both  subject  to performance  criteria  to be  agreed  upon
      between Mr. Hermann and the Company).  Holder shall not have the  right
      to acquire  any  Warrant Shares  pursuant  to this  Warrant  prior  the
      vesting of such rights as set forth in this Section 1.1.

           1.2.   Method of Exercise.  This Warrant may be exercised (subject
      to the vesting requirements  set forth above) by  the Holder hereof  in
      whole or in part (but not as to a fractional share of Common Stock), at
      any time and from time  to time during the  Exercise Period for up  to,
      but not more than, the number of vested Warrant Shares at such time, by
      delivery to the  Company at  its principal office  of (i)  a notice  of
      exercise (a "Notice  of Exercise") substantially  in the form  attached
      hereto as Exhibit A, (ii) evidence  satisfactory to the Company of  the
      authority of the person executing such  Notice of Exercise, (iii)  this
      Warrant, and (iv) payment of (A)  the Purchase Price multiplied by  the
      number of  shares of  Common  Stock for  which  this Warrant  is  being
      exercised (the "Exercise Price").  Payment of the Exercise Price  shall
      be made by check or bank draft payable  to the order of the Company  or
      by wire  transfer  to  the account  of  the  Company.   The  shares  so
      purchased shall be deemed to be issued  as of the close of business  on
      the date  on which  the Company  shall have  received from  the  Holder
      payment in full of the Exercise Price and the other documents  referred
      to herein (the "Exercise Date").
<PAGE>

           1.3.   Regulation D Restrictions.   The Holder  hereof represents
      and warrants to  the Company  that it  has acquired  this Warrant  and
      anticipates  acquiring  the  shares  of  Common  Stock  issuable  upon
      exercise of  the Warrant  solely for  its own  account for  investment
      purposes and not with  a view to  or for distributing  such securities
      unless such distribution has  been registered with the  Securities and
      Exchange Commission or an applicable exemption  is available therefor.
      At the time  this Warrant is  exercised, the  Company may  require the
      Holder to  state  in  the  Notice  of  Exercise  such  representations
      concerning the  Holder  as  are  necessary or  appropriate  to  assure
      compliance by the Holder with the Securities Act.

 2.  Delivery  of  Stock  Certificates,   etc.,  on  Exercise.    As  soon as
   practicable after the exercise of this Warrant, the Company will cause  to
   be issued  in the name of  and delivered to the  Holder a certificate  for
   the  number of  fully paid  and nonassessable  shares of  Common Stock  to
   which the Holder shall be entitled on such exercise, plus, in lieu of  any
   fractional share  to which the  Holder would otherwise  be entitled,  cash
   equal to such fraction  multiplied by the then applicable Purchase  Price,
   together with any other stock or other securities and property  (including
   cash,  where  applicable)  to which  the  Holder  is  entitled  upon  such
   exercise pursuant to Section 1 or otherwise.

 3. Adjustments on Certain Capital Transactions.  On the occurrence of any of
   the  following events,  the following  adjustments to  the rights  granted
   under this Warrant shall be made:

           3.1.   In case  the number of outstanding  shares of Common  Stock
      of the Company  shall be increased  by way of  a stock dividend,  stock
      split,  recapitalization,  or  other  similar  means,  the  number   of
      unexercised shares of  Common Stock covered  by this  Warrant shall  be
      increased by the  amount that a  like number of  shares of  outstanding
      Common Stock  shall have  been  increased as  a  result of  such  stock
      increase and the Purchase  Price shall be  adjusted by multiplying  the
      Purchase Price in effect immediately prior to such stock increase by  a
      fraction, the numerator  of which shall  be the  number of  unexercised
      shares covered by this Warrant immediately prior to such stock increase
      and the denominator of which shall be the number of unexercised  shares
      of Common Stock  covered by  this Warrant  as adjusted  for such  stock
      increase.

           3.2.   In case  the number of outstanding  shares of Common  Stock
      of the  Company shall  be reduced  by recapitalization,  reverse  stock
      split or otherwise, the  number of unexercised  shares covered by  this
      Warrant shall be reduced by the amount that a like number of shares  of
      outstanding Common Stock shall  have been reduced as  a result of  such
      stock reduction and the Purchase Price shall be adjusted by multiplying
      the Purchase Price in effect immediately prior to such stock  reduction
      by  a  fraction,  the  numerator  of  which  shall  be  the  number  of
      unexercised shares covered  by this Warrant  immediately prior to  such
      stock reduction and  the denominator of  which shall be  the number  of
      unexercised shares covered by this Warrant  as adjusted for such  stock
      reduction.
<PAGE>

           3.3.   In case  the Company shall consolidate  with or merge  into
      another  corporation,  the  holder  of  this  Warrant  will  thereafter
      receive, upon the exercise thereof in accordance with the terms of this
      Warrant, the securities or property to  which the holder of the  number
      of shares of Common  Stock then deliverable upon  the exercise of  this
      Warrant would  have been  entitled upon  such consolidation  or  merger
      ("Other  Securities")  and  the  Company  shall  take  such  steps   in
      connection with such  consolidation or merger  as may  be necessary  to
      assure that the  provisions hereof shall  thereafter be applicable,  as
      nearly as reasonably may be, in relation to any securities or  property
      thereafter deliverable upon the exercise of this Warrant.

 4.  Rights  as  a  Shareholder.   Holder  shall  not  have  any  rights as a
   shareholder of  the Company  with respect to  the shares  subject to  this
   Warrant.

 5. Securities Law Requirements.  Neither this Warrant nor the Warrant Shares
   have been registered under the  Securities Act or any state securities  or
   blue sky laws.   Accordingly, upon (a) any  transfer of this Warrant,  any
   transferee of this  Warrant or (b) the exercise  of this Warrant in  whole
   or in part, and if the  Warrant Shares have not been registered under  the
   Securities Act, Holder or any other person exercising this Warrant  shall,
   as applicable, represent and agree in writing satisfactory to the  Company
   that Holder  or such  other person  (a) is  acquiring the  shares for  the
   purpose  of  investment and  not  with  a view  to  distribution  thereof,
   (b) knows the shares have not been registered under the Securities Act  or
   any state securities or blue sky  laws, (c) understands that he must  bear
   the economic  risk of  said investment for  an indefinite  period of  time
   until the  shares are registered under  the Securities Act and  applicable
   state securities or blue sky  laws or an exemption from such  registration
   is available, and  (d) will not solicit any offer  to sell or sell all  or
   any portion  of the shares other  than pursuant to  an opinion of  counsel
   reasonably satisfactory to the Company.

 6. Transfer Restrictions.  This  Warrant shall be exercisable only by Holder
   and shall  not be assignable or  transferable.  Any attempted  alienation,
   assignment,  pledge,  hypothecation,  attachment,  execution  or   similar
   process, whether  voluntary or  involuntary, with  respect to  all or  any
   part of this Warrant or any right hereunder, shall be null and void.

 7. Reservation of Stock, etc. Issuable on Exercise of Warrant.  The  Company
   will at  all times  reserve and keep  available, solely  for issuance  and
   delivery on the exercise of this  Warrant, all shares of Common Stock  (or
   Other  Securities) from  time to  time issuable  on the  exercise of  this
   Warrant.

 8. Replacement of  Warrant.  On receipt  of evidence reasonably satisfactory
   to  the Company  of the  loss, theft,  destruction or  mutilation of  this
   Warrant and, in  the case of any such loss,  theft or destruction of  this
   Warrant, on  delivery of an indemnity  agreement or security  satisfactory
   in form and amount to the Company or, in the case of any such  mutilation,
   on surrender and cancellation of this Warrant, the Company at its  expense
   will execute and deliver, in lieu thereof, a new warrant of like tenor.
<PAGE>

 9. Notices, etc.   All notices  and other communications  hereunder shall be
   personally delivered,  telecopied or mailed by  first class registered  or
   certified mail, postage prepaid,  at such address of facsimile numbers  as
   may have been furnished to each party by the other in writing.

 10. Miscellaneous.  This Warrant and any term hereof may be changed, waived,
   discharged or terminated  only by an instrument  in writing signed by  the
   party  against which  enforcement of  such  change, waiver,  discharge  or
   termination is  sought. This Warrant  shall be construed  and  enforced in
   accordance with and governed by the  internal laws of the State of  Texas.
   The  headings in  this Warrant  are for  purposes of  reference only,  and
   shall  not  limit  or otherwise  affect  any  of  the  terms  hereof.  The
   invalidity or  unenforceability of any  provision hereof shall  in no  way
   affect the validity or enforceability of any other provision.

                           [SIGNATURE PAGE FOLLOWS]

<PAGE>

      DATED as of January 11, 1999.

                          CANMAX INC.

                          By:       /s/ Roger D. Bryant
                                    -------------------
                          Name:     Roger D. Bryant
                          Title:    President & CEO

                          Address:  150 W. Carpenter Frwy, Suite 100
                                    Irving, Texas  75039


                          HOLDER:


                          /s/ Henry Hermann
                          -----------------
                          Printed Name:  Henry Hermann


                          Address:  _____________________
                                    _____________________
                                    Fax: _________________

<PAGE>

                                  EXHIBIT A

                     FORM OF NOTICE OF EXERCISE - WARRANT

               (To be executed only upon exercise or conversion
                     of the Warrant in whole or in part)

 To Canmax Inc.,

      The undersigned registered  holder of the  accompanying Warrant  hereby
 exercises such Warrant  or portion  thereof for,  and purchases  thereunder,
 ______________4 shares  of Common  Stock (as  defined in  such Warrant)  and
 herewith makes payment therefor (including any Tax Withholding Liability) of
 $__________, as of the date written below. The undersigned requests that the
 certificates for such shares of Common Stock  be issued in the name of,  and
 delivered to, _______________________________________________ whose  address
 is_________________________________________________________________________.


 Dated:  ____________________________



                               (Name must conform to name of Holder as
                               specified on the face of the Warrant)



                               By:       ____________________________________
                               Name:     ____________________________________
                               Title:    ____________________________________

                               Address of Holder:




 Date of exercise:  ____________________



 4    Insert  the  number  of  shares  of  Common  Stock  as  to  which   the
 accompanying Warrant is being exercised. In the case of a partial  exercise,
 a new Warrant  or Warrants will  be issued and  delivered, representing  the
 unexercised portion of the accompanying Warrant, to the holder  surrendering
 the same.