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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (13050)10/28/1998 1:11:00 AM
From: Kerm Yerman  Read Replies (1) of 15196
 
ASE NOTICE / The Alberta Stock Exchange - Bulletin - Globex Resources
Ltd. - GBX

CALGARY, Oct. 27 /CNW/ -
BULLETIN NO.: 9810 - 628

COMPLETION OF A MAJOR TRANSACTION
GLOBEX RESOURCES LTD. (GBX)

The Company has completed the Major Transaction outlined in its
Information Circular dated August 5, 1998 and approved by the shareholders on
September 24, 1998. As a result, effective at the opening of business on
THURSDAY, OCTOBER 29, 1998, the Company will no longer be considered a Junior
Capital Pool Company.
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