$0.50 and Under *** SI Stock Contest*** (DECEMBER,98) Message Board

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Gold/Mining/Energy : $0.50 and Under *** SI Stock Contest*** (DECEMBER,98)

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To: Buckey who wrote (54)	11/30/1998 9:33:00 PM
From: Tupulak	of 137

Here is the first press release for the month. It doesn't look like NEX will be going anywhere soon. But just in case I will keep it. Curtis NEXTERRA PROPERTY GROUP INC. - ANNOUNCEMENT TORONTO, ONTARIO-- Nexterra Property Group Inc. (the "Corporation") is a junior capital pool issuer whose common shares trade on The Alberta Stock Exchange under the symbol "NEX". In June 1998 the Corporation announced that it proposed to effect two private placements and an asset acquisition which would collectively represent its "Major Transaction" under Circular No. 7 of the ASE. The Corporation has entered into a formal agreement of purchase and sale (the "Agreement") with the Vendors of the Toronto building known as "Beach-Lands Building" (the "Property"). On account of the slow recovery of capital markets, the Corporation and the proposed Vendor of the Property have agreed to allow the Agreement to lapse. Over the next several months, the Corporation intends to focus on securing the equity investment commitments necessary to complete it previously announced private placements before negotiating a new agreement to purchase the Property. In addition, the Corporation will be investigating the acquisition of other commercial properties in Calgary and Toronto (yet to be specifically identified), which may also form part of the Corporation's "Major Transaction". For further information regarding the Corporation, please contact Gary N. Lands, the President and Chief Executive Officer of the Corporation, as indicated below. Gary N. Lands President and Chief Executive Officer Phone: (416) 482-4959 Fax: (416) 482-8026 E-Mail: lands@nexterra.com The Alberta Stock Exchange has neither approved nor disapproved the contents hereof.

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