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Gold/Mining/Energy : Tracer Petroleum (TCXXF)

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To: virginijus poshkus who wrote (930)	2/11/1999 5:06:00 PM
From: James Strauss	Read Replies (1) of 1261

Thursday February 11, 2:53 pm Eastern Time Company Press Release SOURCE: Tracer Petroleum Corporation Tracer Retains Nasdaq Listing VANCOUVER, British Columbia, Feb. 11 /PRNewswire/ -- On November 30, 1998 the Company issued a news release indicating that it had received correspondence from Nasdaq outlining that it failed to meet the minimum listing requirement of US$1.00 for 30 days. The Company was advised that it had until February 11, 1999 to achieve the minimum bid price for 10 consecutive trading days failing which it would forfeit its listing on the Nasdaq Small Cap Market. The Company is pleased to announce that it has received notification from Nasdaq confirming that ''Staff has deemed the Company in compliance with the bid price requirement as of February 3, 1999.'' For more information please contact David Harrison of Tracer Petroleum Corporation, 403-264-5255, or tracer@ultranet.ca. Jim

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