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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (9278)	2/26/1998 9:19:00 PM
From: Arnie	of 15196

FINANCING / TriGas Exploration files Prospectus for Special Warrants CALGARY, Feb. 26 /CNW/ - TriGas Exploration Inc. (''TriGas'') announces that it has received receipts from the Alberta, British Columbia and Ontario Securities Commissions for its prospectus dated February 11, 1998 qualifying the distribution of 5.3 million Common Shares of TriGas issuable upon exercise of 5.3 million Special Warrants previously issued on October 9, 1997 at a price of $1.25 per Special Warrant. In accordance with the terms of the Special Warrant Indenture, all unexercised Special Warrants shall be deemed to be exercised as of March 2, 1998 and the Common Shares issuable thereunder shall be deemed to be issued to the holder or holders of record of the Special Warrants, without any further action on the part of the holder. First Marathon Securities Limited acted as agent for the offering of the Special Warrants and under the prospectus. TriGas is an Alberta-based corporation engaged in the business of exploring for, developing, acquiring and producing petroleum substances in Western Canada.

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