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Gold/Mining/Energy : Epic EAS.v (formerly Epic ERB.v and Safari SIR.v)

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To: Tommy who wrote (3332)10/23/2001 1:20:11 AM
From: JR.  Read Replies (1) of 3335
 
Another press release
Epic Oil completes $225,800 private placement

Epic Oil and Gas Ltd EAS
Shares issued 18,731,706 Oct 22 close $0.06
Mon 22 Oct 2001 News Release
Mr. Michael Hopley reports
Epic Oil and Gas Ltd. (the company) has completed its private placement
financing reported as news in Stockwatch on July 23, 2001. The total amount
of the financing is $225,800 at the price of 10 Canadian cents per unit.
Each unit consists of one common share in the capital stock of the company
and one-half non-transferable share purchase warrant. One full warrant (two
one-half warrants) entitles the holder to purchase one additional share of
the company at 15 Canadian cents for a 180-day period.
The proceeds from this financing is to be used to advance and develop the
company's projects in Washington State and Alberta, the generation of other
projects as well as for general corporate purposes.
or by calling Investor Relations at 1-888-943-9414
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