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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (13306)11/6/1998 8:16:00 PM
From: Kerm Yerman  Read Replies (12) of 15196
 
CORP. NOTICE / Fox Energy Announces Normal Course Issuer Bid

CALGARY, Nov. 6 /CNW/ - Fox Energy Corporation today announced that it
has received conditional approval to undertake a Normal Course Issuer Bid
through the facilities of The Alberta Stock Exchange. Under the issuer bid,
the Company intends to repurchase up to 500,000 common shares over a one year
period. Purchases and payments for the common shares will be made in
accordance with the by-laws and rules of the Exchange. Purchases will be made
by means of open market transactions.
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