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Gold/Mining/Energy : KERM'S KORNER

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To: SofaSpud who wrote (12681)	10/8/1998 1:15:00 AM
From: Kerm Yerman	Read Replies (1) of 15196

Alberta Stock Exchange / Profab Energy Services Ltd. Lists On ASE Profab Energy Services Ltd. PFE-ASE Oct.07/98 - PROFAB Energy Services Ltd. announced that on September 9, 1998, it filed and cleared a Prospectus for its initial public offering in the provinces of Alberta and Saskatchewan for a minimum of 2 Million on Shares at $0.50 per Common Share representing gross proceeds of $1.0 million and $1.5 million respectively. The common shares of Profab are expected to be listed on the Alberta Stock Exchange under the symbol ''PFE''. Profab is a Calgary based, Growth-Oriented company engaged in the business of Engineering, Designing and Fabricating Gas Compression, Gas Processing and Oil related Facilities in Western Canada. A book for the receipt of subscriptions from other members will not be opened on the offering date as the offering was fully subscribed. The common shares of Profab Energy Services Ltd. will be posted for trading at the opening of business on WEDNESDAY, OCTOBER 7, 1998. Commencement of trading will be delayed pending receipt of closing documentation. A further Bulletin will be issued prior to commencement of trading.

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