KERM'S KORNER Message Board

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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (12865)	10/17/1998 7:15:00 AM
From: Kerm Yerman	Read Replies (2) of 15196

SERVICE SECTOR / Corlac Oilfield Leasing Grants Stock Options CORLAC OILFIELD LEASING LTD. - GRANTING OF STOCK OPTIONS Date: 10/16/98 5:20:45 PM Dateline: REDCLIFF,ALBERT Stock Symbol: CKL CORLAC OILFIELD LEASING LTD. (the "Corporation") (ASE: "CKL") is pleased to announce that it has reserved a discounted price of $0.55 per share in connection with the proposed grant of stock options to acquire up to 275,000 common shares (the "Stock Options"). The Stock Options will be granted to a director and officer of the Corporation. The grant of the Stock Options is subject to regulatory approval and the Corporation is required to file a formal application with The Alberta Stock Exchange within 14 calendar days of this press release. The Alberta Stock Exchange has neither approved nor disapproved the information contained herein.

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