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Gold/Mining/Energy : KERM'S KORNER

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To: SofaSpud who wrote (11104)6/4/1998 9:21:00 PM
From: Herb Duncan  Read Replies (1) of 15196
 
ENERGY TRUSTS / NCE Flow-Through (98) Limited Partnership Raises
$18.7 Million at First Close

JUNE 4, 1998



TORONTO, ONTARIO--

TORONTO

John F. Driscoll, President of NCE Resources Group, announced
today that NCE Flow-Through (98) Limited Partnership completed its
first close on June 3, 1998, with subscriptions for 748,245 units,
providing gross proceeds of $18.7 million.

Flow-through shares

The Partnership has been organized to invest in flow-through
shares of public resource companies listed on a Canadian stock
exchange with the objective of achieving capital appreciation for
limited partners.

/T/

Hours of service (x):

Monday - Thursday 8 am - 8 pm eastern time
Friday 8 am - 6 pm eastern time

(x)except on Canadian statutory holidays

/T/
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