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Gold/Mining/Energy : KERM'S KORNER

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To: Postman who wrote (8884)2/6/1998 4:02:00 PM
From: Herb Duncan  Read Replies (1) of 15196
 
CORP / United Tri-Star Resources Ltd. Company Announcement

TSE SYMBOL: UTS

FEBRUARY 6, 1998


TORONTO, ONTARIO--United Tri-Star Resources Ltd. is pleased to
announce that Dennis A. Sharp, P. Eng. has agreed to the join the
Board of Directors. In addition the Board ratified Mr. Sharp's
appointment as Chairman and Chief Executive Officer at a meeting
on February 5, 1998. Dr. Rudi Siegert, the retiring Chairman of
United Tri-Star Resources Ltd. will remain on the Board. D.
Campbell Deacon, the retiring CEO will remain a Director and
President.

Mr. Sharp has many years experience in the public and private
energy sectors and most recently served as Chairman and CEO of CS
Resources Limited, a company founded by Mr. Sharp and recently
acquired by PanCanadian Petroleum Ltd.

Mr. Sharp is a director of several companies and organizations
including BC Research Inc. and the Calgary Philharmonic Society
and was a Governor and immediate past Chairman of the Canadian
Association of Petroleum Producers (CAPP). CAPP represents the
upstream producing sector of the Canadian petroleum industry and
its member companies produce more than 95 percent of Canada's
crude oil and natural gas.

Mr. Sharp's considerable experience and expertise in the oil and
gas industry will be of real benefit to United Tri-Star Resources
Ltd.
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