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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks

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To: Scott Mc who wrote (812)	3/22/2001 5:55:37 PM
From: Scott Mc	Read Replies (1) of 11633

Anyone looking at this? Seems like good opportunity to buy either Western $0.90 1 share 14 shares $12.60 get 1 DAN $4.00 and Deb $11.34 for total $15.34 Or DAN, expected to pay $1.00+ per share starting OCT. Seems to me you can buy 14 shares of Western for $12.60 and get one share of Danoil at $4 and a debenture face value of 11.34 (spend 12.60 for $15.34) Any comments? Scott Danoil Energy Ltd DAN Shares issued 23,832,088 2001-02-21 close $4.2 Wednesday Feb 21 2001 News Release Mr. Jack Lee reports Danoil Energy has signed a definitive agreement with Western Facilities Fund and Nevis Ltd., providing for the implementation of the previously announced combination of the parties' respective assets and operations. Upon completion of a plan of arrangement, Danoil will, in effect, become an income trust. The trust will be named Acclaim Energy Trust and the combined operating company will be named Acclaim Energy Inc.

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