Notice to the creditors of Bresea Resources Ltd.
VANCOUVER, Aug. 1 /CNW/ - NOTICE IS HEREBY GIVEN pursuant to an Order of the Court of Queen's Bench of Alberta (the "Court") dated July 24, 2001 (the "Interim Order") that Bresea Resources Ltd. ("Bresea") has on July 24, 2001 filed with the Court a Petition requesting the Court's approval of a Plan of Arrangement made pursuant to the Canada Business Corporations Act, R.S. 1985, c. C-44, as amended (the "CBCA"). NOTICE IS ALSO HEREBY GIVEN to Affected Creditors pursuant to the Interim Order of a meeting (the "Creditors' Meeting") to be held at 4:00 p.m. (PST) on August 23, 2001 at 1000 Cathedral Place, 925 West Georgia Street, Vancouver, British Columbia for the purpose of passing a resolution to approve the Plan of Arrangement and to transact such other business as may properly come before the Creditors' Meeting or any adjournments thereof. The Interim Order directs Bresea to solicit claims from all creditors of Bresea for the purpose of determining the claims which will participate in voting on Bresea's Plan of Arrangement. Any party having a claim against Bresea is required to file a Proof of Claim with Bresea in a prescribed form
in order to participate in any voting on the Plan of Arrangement. A Claims' Bar Date of 4:00 p.m. (PST) on August 21, 2001, has been set. All claims received by Bresea after the Claims' Bar Date will be forever extinguished, barred and will not participate in any voting on the Plan of Arrangement, subject to further order of the Court. All claims of any nature, including unsecured, secured and contingent or unliquidated, against Bresea must be made on or before the Claims' Bar Date. All claims must be made in the prescribed "Proof of Claim" form together with the required supporting documentation and be received by Bresea on or before the Claims' Bar Date, at Bresea, at 1620-400 Burrard Street, Vancouver, B.C., V6R 4J4, Canada. The prescribed "Proof of Claim" form can be obtained by calling Bresea at (604) 408-8538 or (604)-683-5767. |