GENERAL INTEREST / RSIM holdings of Canadian Conquest Explorations
SAN FRANCISCO, Feb. 19 /CNW/ - This press release is issued by Robertson
Stephens Investment Management Co. (''RSIM'') pursuant to Section 101 of the
Securities Act (Ontario), Section 141 of the Securities Act (Alberta), Section
111 of the Securities Act (British Columbia), Section 147.11 of the Securities
Act (Quebec) and Section 107 of the Securities Act (Nova Scotia) with respect
to common shares (''Shares'') of Canadian Conquest Explorations Inc. (the
''Issuer'').
On December 1, 1997 the Robertson Stephens Partners Fund acquired
1,232,800 Shares by means of two acquisitions: one acquisition of 930,000
Shares and one acquisition of 302,800 Shares. As a result, RSIM acquired
control and direction over 10.62% of the total number of outstanding Shares.
For the purpose of the applicable legislation, RSIM is deemed to
currently own or have control over 6,918,900 Shares, representing a total of
11.41% of the Shares of the Issuer on a fully-diluted basis.
The purpose of the various Funds' dispositions and acquisitions of
securities of the Issuer is to purchase and sell Shares of the Issuer for
investment and not with the intention of changing or influencing control of
the Issuer. Depending on economic or market conditions or matters relating to
the Issuer, any of the Funds may choose to either dispose of, or acquire,
additional Shares of the Issuer. |
