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Gold/Mining/Energy : Alpine Oil Services ASL TSE

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To: Gerry who wrote (850)	10/2/1999 10:53:00 AM
From: Jason Krueger	Read Replies (2) of 896

Alpine offer for Techcorp successful Alpine Oil Services Corporation ASL Shares issued 21,382,526 1999-10-01 close $1.2 Friday Oct 1 1999 Also Techcorp Industries Inc (TCA) An anonymous director reports Alpine Oil Services Corporation has announced that approximately 13.17 million common shares of Techcorp Industries have been tendered to Alpine's offer for the common shares of Techcorp, representing approximately 84 per cent of the outstanding Techcorp shares. All of the conditions of Alpine's offer have been satisfied. Alpine has taken up and is paying for all of the Techcorp common shares validly tendered up to the expiry time of the offer. Alpine intends to acquire the remainder of the Techcorp shares, and has extended the offer to Oct. 12, 1999. The basis of the offer is one-third of an Alpine share for each Techcorp share. After receiving independent financial advise, the board of directors of Techcorp has determined unanimously that the offer is fair from a financial point of view to the shareholders and it recommends that shareholders accept the offer. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

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