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Gold/Mining/Energy : KERM'S KORNER
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To: Herb Duncan who wrote (12387)9/22/1998 10:50:00 PM
From: Kerm Yerman  Read Replies (3) of 15196
 
FINANCING / Beau Canada Exploration Sells Flow Through Shares

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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