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Gold/Mining/Energy : KERM'S KORNER
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To: Herb Duncan who wrote (8965)2/14/1998 12:32:00 AM
From: Kerm Yerman   of 15196
 
CORP. / Beaufort Energy Receives Approval for Consolidation
and Name Change to Venstone Ventures

VENSTONE VENTURES CORP.
CANADIAN DEALING NETWORK SYMBOL: VVCC

FEBRUARY 13, 1998

VANCOUVER, BRITISH COLUMBIA--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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