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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (10278)	4/22/1998 11:40:00 PM
From: Arnie	of 15196

NEW LISTING / NCE Petrofund on the Montreal Exchange MONTREAL, April 22 /CNW/ - NCE Petrofund is listing as of today, an aggregate of 50,736,602 Trust Units, of which 48,736,207 are issued and outstanding. NCE Petrofund is a closed-end investment trust created pursuant to a trust indenture between NCE Petrofund Corp. and Montreal Trust Company of Canada. The trust holds royalties which consist of a 99% share of the income derived by NCE Petrofund Corp. which currently holds interests in various producing oil and natural gas properties in Western Canada and related assets. The principal office of NCE Petrofund is located at: 130 King Street West Suite 2850 Toronto, Ontario M5X 1A4 Telephone: (416) 364-8788 Toll-free: 1 800 563-4623 Fax: (416) 364-5615 Contact: John Driscoll, President, NCE Petrofund Management Corp. Ticker symbol: ''NCF.UN'' Newspaper abbreviation: Nce Pet.U

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