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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (10301)	4/23/1998 11:40:00 PM
From: Kerm Yerman	of 15196

FINANCING / AltaQuest Energy Closes Special Warrant Financing ALTAQUEST ENERGY CORPORATION ASE SYMBOL: AQF APRIL 23, 1998 AltaQuest Energy Corporation Closes Special Warrant Financing CALGARY, ALBERTA--ALTAQUEST ENERGY CORPORATION (Symbol - AQF) is pleased to announce that on April 22, 1998 it closed its previously announced $5,000,000 special warrant financing. Seventy percent of the gross proceeds will be held in escrow pending the receipt for the final prospectus. The syndicate led by FirstEnergy Capital Corp., includes Newcrest Capital Inc., and HSBC James Capel Canada Inc.

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