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Microcap & Penny Stocks : IDCN - gold, garnet, etc.
IDCN 0.000010000.0%Nov 7 9:30 AM EST

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To: Sojourner Smith who wrote (1)8/12/1998 5:10:00 PM
From: xbrent  Read Replies (1) of 5908
 
The following is a copy of the news release which went out on the business wire just before noon Eastern CMI Capital and Their European Partners Makes an Offer for All the
Issued and Outstanding Capital Stock of Indocan Resources Inc

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*

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514/987-8016

Fax: 514 987 7300

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