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Gold/Mining/Energy : BEAU Canada (T/M BAU)

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To: Bobby Yellin who wrote ()9/22/1998 10:09:00 AM
From: Gilbert Drapeau  Read Replies (3) of 57
 


Beau Canada Sells Flow Through Shares

NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS

FOR: BEAU CANADA EXPLORATION LTD.

TSE, ME SYMBOL: BAU

SEPTEMBER 21, 1998

CALGARY, ALBERTA--Beau Canada Exploration Ltd. (BAU) announces as
of September 17, 1998 it has sold 719,976 flow-through common
shares at $1.67 per share in a private placement for proceeds of
$1.2 million.

Beau Canada Exploration Ltd. is a Canadian oil and gas exploration
and development company based in Calgary. Beau Canada's common
shares are listed on the Toronto Stock Exchange and the Montreal
Exchange under the symbol "BAU".

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