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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (9021)2/13/1998 2:49:00 PM
From: Kerm Yerman   of 15196
 
CORP. / Venture Ventures Corp Share Consolidation & Name Change

VENSTONE VENTURES CORP. ANNOUNCES CONSOLIDATION OF ISSUED SHARES
AND CHANGE OF NAME

VANCOUVER, Feb. 13 /CNW/
Venstone Ventures Corp.
Symbol: VVCC

The Company is pleased to announce that it has received shareholder and
applicable regulatory approval to the consolidation of its issued shares, on a
basis of one (1) new share for each three (3) old shares, and the concurrent
change of its name to ''Venstone Ventures Corp.''

The Company is a federally incorporated company which is authorised to
issue an unlimited number of common shares. Its issued capital, on a
pre-consolidated basis, consists of 11,292,697 shares.

The Company is in the business of acquiring and exploring oil and gas
properties and is presently engaged in identifying prospective acquisitions in
Alberta.
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