NEW LISTING / Kappa Energy to trade on the TSE
CALGARY, Dec. 30 /CNW/ - Kappa Energy Company Inc. announced that its
common shares have been listed and posted for trading on The Toronto Stock
Exchange at today's opening.
As a result of the listing, any outstanding Special Warrants which were
issued on July 3, 1997 will expire at 4:30 p.m. (Calgary time) on January 7,
1998 (the ''Expiry Time''). Each Special Warrant entitles the holder to
acquire, at no additional cost, one Common Share and one-half of a $2.40
Warrant. At the Expiry Time, any unexercised Special Warrants will be deemed
to be exercised and the Common Shares and $2.40 Warrants issuable on exercise
of the Special Warrants will be deemed to be issued.
In order to obtain the certificates representing the Common Shares and
$2.40 Warrants issuable on exercise of the Special Warrants, the holder must:
(i) complete the exercise form attached to the Special Warrant Certificate and
(ii) surrender the Special Warrant Certificate to CIBC Mellon Trust Company at
its office located at 710, 333 - 7th Avenue S.W., Calgary, Alberta T2P 2Z1,
Attention: Special Projects.
Kappa Energy Company Inc. is a Calgary based international oil and gas
company with current exploration operations in Colombia, Egypt and the
Republic of Yemen. |
