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Microcap & Penny Stocks : Patrick's Penny Players' Paradise

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To: Warlock who wrote (115)8/12/1998 12:25:00 PM
From: Nescom  Read Replies (1) of 275
 
IDCN Patrick news release! Its really heating up!

CMI Capital and Their European Partners
Makes an Offer for All the Issued and
Outstanding Capital Stock of Indocan Resources
Inc

tagged for: IDCN
retrieval keys: !business !hightech !infotech !public+companies
!wall+street banking biz business corporate otc usa

MONTREAL (Aug. 12) BUSINESS WIRE -Aug. 12, 1998--CMI Capital
of Montreal and their European partners have made an offer for all the
issued and outstanding capital stock of Indocan Resources Inc. (OTC
BB:IDCN) at a price of $0.375 per share. The offer is in effect until
September 1, 1998.

-0- ajk/cgo*

CONTACT: Serge Talon
PDG

514/987-8016
Fax: 514 987 7300
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