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Gold/Mining/Energy : SOUTHERNERA (t.SUF)

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To: Peter Bourgeois who wrote (2225)11/25/1998 12:20:00 PM
From: PHILLIP FLOTOW  Read Replies (1) of 7235
 
Here it is:

Wednesday November 25, 11:59 am Eastern Time

SouthernEra announcement/merger
abandoned

(Full text of press release from Canada NewsWire)

SouthernEra Resources Limited - Negotiations Discontinued With

New Indigo

TORONTO, Nov. 25 /CNW/ - SouthernEra Resources Limited (SUF - TSE) wishes to announce
that negotiations concerning a merger with New Indigo Resources Inc. (A - NDR), have been
discontinued.

%SEDAR: 00004535E

/For further information: Christopher M.H. Jennings, President; Lee Barker, Senior Vice President;
Kim Freeman, Vice President, Operations; Frank van de Water, Vice President, Finance; Nicholas
Sayce, Investor Relations, Phone: (416) 359-9282, Fax: (416) 359-9141, e-mail:
inbox(at)southernera.com, web site: www.southernera.com/

PHIL
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