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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (10920)	5/28/1998 5:55:00 AM
From: Kerm Yerman	Read Replies (1) of 15196

EARNINGS / Oil Springs Energy Corp. 1st Quarter Results OIL SPRINGS ENERGY CORP. ANNOUNCES RESULTS FOR THREE MONTHS ENDED MARCH 31, 1998 Date: 5/25/98 4:02:38 PM Dateline: TORONTO, ONTARIO Stock Symbol: OSG OIL SPRINGS ENERGY CORP.,(ASE - OSG) announces that it has issued its unaudited interim consolidated financial statements for the three months ended March 31, 1998 together with comparatives for March 31, 1997. These statements reflect that in the period the Company incurred exploration expenditures in the amount of $49,360 and an operating loss of $10,296 resulting in a net loss per share of $.002. Number of shares issued: 6,011,665

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