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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (8247)1/3/1998 5:18:00 AM
From: Kerm Yerman   of 15196
 
TSE / Paramount Resources Ltd. to Be Added to TSE 300 Composite Index,
TSE 200, and To The TSE 3.2 Subgroup (Oil & Gas Producers)

Effective before the open on Friday, January 16,
1998, the common shares of Caledonia Mining Corporation (CAL), Hyal
Pharmaceutical Corporation (HPC) and William Resources Inc. (WIM) will be
removed from the TSE 300 Composite Index for failure to meet TSE 300 Composite
Index Maintenance Policy No. 2. This policy states that if a stock appears in
the TSE 300 QMV report at calendar quarter end with a 0.00 relative weight, it
will be removed from the Index at the opening of the expiry of the following
month's options and futures contracts.

Please note the following changes to the TSE 300 Composite Index before
the open on Friday, January 16, 1998:

Stocks to be added: The CGI Group Inc. Cl A SV (GIB.A)
Group/Subgroup - 6.10 Technology - Software

Paramount Resources Ltd (POU)
Group/Subgroup - 3.2 Oil & Gas Producers

Southernera Resources Limited (SUF)
Group/Subgroup - 2.3 Gold & Precious Minerals

Stocks to be removed: Caledonia Mining Corporation (CAL)
Group/Subgroup - 2.3 Gold & Precious Minerals

Hyal Pharmaceutical Corporation (HPC)
Group/Subgroup - 5.8 Biotechnology/Pharmaceuticals

William Resources Inc. (WIM)
Group/Subgroup - 2.3 Gold & Precious Minerals

Note: The CGI Group Inc. Cl A SV (GIB.A), Paramount Resources Ltd. (POU)
and Southernera Resources Limited (SUF) will also be added to and Caledonia
Mining Corporation (CAL), Hyal Pharmaceutical Corporation (HPC) and William
Resources Inc. (WIM) will be removed from the TSE 200 Index effective before
the open on Friday, January 16, 1998.
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