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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (8715)1/30/1998 12:29:00 PM
From: Arnie   of 15196
 
FINANCING / Brittany Energy completes Flow-Through Issue

CALGARY, Jan. 30 /CNW/ - Brittany Energy Inc. is pleased to announce that
it has finalized a Private Placement of 1,037,768 common shares, pursuant to
Flow-Through subscriptions signed in December 1997. Each Flow-Through share
has been set at a price of $0.65 per common share.

The proceeds from this Flow-Through Private Placement together with the
proceeds from the November Flow-Through Issue to NCE Resources provides over
One Million One Hundred Thousand Dollars ($1,100,000.00) of working capital
for Brittany to be used in its current drilling program.
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