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Gold/Mining/Energy : Brigdon Resources - high-growth energy

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To: Robert who wrote (9)12/9/1997 4:08:00 PM
From: Kent C.  Read Replies (1) of 11
 
Dec. 9 - BRG.A.TSE - Private Placement

From: Subject 17869

Brigdon Resources Inc. (TSE - BRG.A) of Calgary
announces that it has reached agreement with First Marathon Securities Limited
whereby First Marathon will act as agent on the private placement of 500,000
Class ''A'' Common flow through shares at a price of $1.00 per share for total
proceeds, before expenses, of $500.000.
These funds will, primarily, be used to drill exploratory wells at
Brigdon's Buffalo Lake - Stettler field in central Alberta.
This placement is subject to regulatory approval.

BRIGDON RESOURCES INC.

J. PHILLIP PIFFER
PRESIDENT

The Toronto Stock Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of thie Press Release.

For further information: J. Phillip Piffer, President, Brigdon Resources Inc., (403) 266-4421
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