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Gold/Mining/Energy : KERM'S KORNER

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To: SofaSpud who wrote (11174)	6/11/1998 4:16:00 AM
From: Kerm Yerman	Read Replies (1) of 15196

SERVICE SECTOR / Airgen Corp. Appoints KPMG As Receiver Of Airgen CALGARY, June 9 /CNW/ - Airgen Corporation announces that is has today consented to the appointment of KPMG of Calgary as Receiver of Airgen Corporation and its subsidiaries. This action was a result of lower heavy oil prices affecting the Airgen subsidiary Petrotherm Limited, and the inability of Airgen to obtain an equity injection to satisfy its lenders.

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