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Gold/Mining/Energy : Absolut
ALR 50.990.0%Oct 19 5:00 PM EST
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To: Flea who wrote (92)6/12/1997 6:11:00 PM
From: Anthony Wong   of 128
 
To all,

ABSOLUT RESOURCES CORP. ANNOUNCES THAT ITS OUTSTANDING WARRANTS WILL CEASE TO TRADE ON JUNE 16

CALGARY, June 12 /CNW/ - ABSOLUT RESOURCES CORP. (ALR-ASE) announces that
its outstanding Warrants which were issued as of June 15, 1995 will cease to
trade on the Alberta Stock Exchange at 10:00 am Calgary time on June 16, 1997.
Approval has been obtained from the Alberta Stock Exchange to extend the
expiry date of the Warrants from June 15, 1997 to July 10, 1998. The exercise
price of the Warrants remains the same at $3.50. All other terms and
conditions of the Warrants are unchanged.
The Alberta Stock Exchange has neither approved or disapproved the
information contained herein.
-0- 06/12/97

For further information: Linda Falkenberg, Absolut Resources Corp., (403) 262-8635, Fax: (403) 263-9061
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