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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: lindao who wrote (65864)	10/3/2000 9:50:44 AM
From: lindao	Read Replies (1) of 150070

ASRG - 12.5 million share repurchase plan Aspen Group Announces Share Repurchase Program PR Newswire - Tuesday, October 03, 2000 OKLAHOMA CITY, Oct. 3 /PRNewswire/ -- The Board of Directors of Aspen Group Resources Corporation, (OTC Bulletin Board: ASRG) (CDNX: YAS.U), announces that it has authorized the Company to implement a Share Repurchase Program of up to 12.5 Million Common Shares. Common Shares will be purchased in the open market from U.S. residents only at such times and in such amounts as the Company deems fit. The Board and Management of Aspen believe that the current market price of the Company's Common Shares do not accurately reflect the true value of Aspen Group Resources Corporation and feel it is in the best interest of the Company and its Shareholders to have the opportunity to repurchase the Common Shares at lower price levels. In addition, Aspen announced that its Common Shares have begun trading on the Canadian Venture Exchange (CDNX) under the new symbol YAS.U. The CDNX was formed through the amalgamation of the Vancouver, Alberta, and Canadian Dealing Network Exchanges. Aspen Group Resources Corporation is an Oil and Gas Exploitation, Production and Development company based in Oklahoma City. The Company currently owns interests in over 1257 wells located in ten states with a predominant focus in Oklahoma, Texas and Kansas. Additional information on Aspen Group Resources Corporation is available from: Kevin O'Connor Investor Relations 877-775-8734 ko@interlog.com Or visit the Company website @ www.asgrc.com The information in this news release includes certain forward-looking statements as defined in the "Safe Harbor" provision of the Private Securities Litigation Reform Act of 1995. These statements are based upon assumptions that are subject to significant risks and uncertainties. Although the Company believes that the expectations reflected in forward looking statements are reasonable, it can give no assurance that the expectations of any of its forward-looking statements will prove to be correct. SOURCE Aspen Group Resources Corporation /CONTACT: Kevin O'Connor, Investor Relations of Aspen Group Resources Corporation, 877-775-8734, or ko@interlog.com/ /Web site: asgrc.com

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