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Gold/Mining/Energy : KERM'S KORNER
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To: Kerm Yerman who wrote (8186)12/30/1997 4:52:00 PM
From: Arnie  Read Replies (1) of 15196
 
ACQUISITION / Real Resources acquires Tri-Ex & moves to TSE

Real Resources Inc. (ASE symbol: RER) has acquired approximately 91% of the
publicly held common shares of Tri-Ex Oil & Gas Ltd. (TSE symbol: TXG) under
its 0.87 Real common share per Tri-Ex common share offer of December 6, 1997.

Lowell E. Jackson, President & CEO of Real, said "It was a remarkable year of
successful growth and change for Real. On completion of the Tri-Ex
acquisition, Real will have a production rate of approximately 1600 boe/day.
Real, with an excellent land position and strong inventory of drilling
prospects, is poised for a very good year in 1998".

The board of directors of Tri-Ex have resigned in favour of nominees of Real.
On or about December 31, 1997, Real will compulsorily acquire the remaining
common shares of Tri-Ex and Tri-Ex will become a wholly owned subsidiary of
Real.

The remaining shareholders of Tri-Ex will be required to transfer their
shares to Real for the same consideration as Real offered under the bid or
dissent and demand payment of the fair value of their Tri-Ex shares. Tri-Ex
shareholders will have 60 days from the receipt of the Notice to exercise
their right of dissent.

Real has received conditional approval from the Toronto Stock Exchange for
the listing of its common shares on the Toronto Stock Exchange. It is
expected that the listing of the Real shares will occur in January, 1998 and
shortly thereafter the shares of Real will be delisted on the Alberta Stock
Exchange.

CIBC Wood Gundy Securities Inc. acted as dealer manager for the offer on
behalf of Real.

Neither the Alberta Stock Exchange nor the Toronto Stock Exchange have
approved nor disapproved the information contained herein.

- 30 -

For further information interested parties may contact:

Lowell E. Jackson, President & CEO
Real Resources Inc. and Tri-Ex Oil & Gas Ltd.
Telephone: (403) 262-9077
Fax: (403) 262-6403
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