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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Craig C who wrote (7695)	10/11/2000 10:37:40 AM
From: Richard Saunders	Read Replies (2) of 24930

Caravan warrants. - A mystery. Craig you're right, there appear to be 1,224,750 exerciseable at $1.35 until May 5, 2001 however they don't appear in any of the monthly review materials put out by the cdnx & don't appear on the cdnx site. As you know, shares & 1/2 as many warrants were issued when CVO took over PanOil Resources. Possibly a call to CVO might reveal why the warrants aren't listed. I'm purely making a guess and never held PanOil shares however maybe the warrants issued weren't transferable and were only used as a potential sweetener for the paper deal. Needs to be verified.......

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