CORP / Northrock Resources Ltd. Announces Small Shareholder
Selling Program
TSE SYMBOL: NRK
MAY 19, 1998
CALGARY, ALBERTA--
NOT FOR DISTRIBUTION TO US NEWS WIRE SERVICES OR DISSEMINATION IN
THE US.
Northrock Resources Ltd. ("Northrock") announces a small
shareholder selling program ("the Program") that enables
shareholders who owned 99 or fewer common shares ("Shares") of
Northrock as of May 15, 1998, to sell their Shares without
incurring any brokerage expense. The sale of Shares will be
executed through the facilities of The Toronto Stock Exchange.
Northrock is proceeding with the Program due to the large number
of shareholders owning 99 or fewer common shares of Northrock as a
result of the Paragon Petroleum Corporation acquisition. This
voluntary program will result in administrative savings and is
designed to assist shareholders in selling their Shares in a
convenient and inexpensive manner.
The voluntary program is open to qualifying shareholders of record
as of May 15, 1998. The Program begins on May 19, 1998, and will
expire on August 19, 1998, unless extended. Both registered
holders and beneficial holders of Shares held in nominee form are
eligible to participate. Material will be forwarded to eligible
shareholders indicating how they can participate and other details
about the program. If you are a resident of the United States, you
are not eligible to sell Shares under the Program.
Northrock has retained The Proxy Solicitation Company Ltd. of
Toronto, Ontario, to manage the Program and to handle share
transactions and payment. Questions regarding the Program should
be directed to them at 1-800-890-1037.
Northrock is an oil and gas company listed on The Toronto Stock
Exchange trading under the symbol "NRK". |
