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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (14310)12/16/1998 3:51:00 AM
From: Kerm Yerman   of 15196
 
FINANCING / Slade Energy Inc. - (formerly Inspan Investments Limited)
Announces Appointment & Plans For Financing

SLADE ENERGY INC.
ASE SYMBOL: SDE
DECEMBER 15, 1998

CALGARY, ALBERTA--Slade Energy Inc. (the "Company") announces that
James Burns has been appointed to act as President and a Director
of the Company.

The Company also wishes to announce that subject to the approval
of the Alberta Stock Exchange, it intends to complete a private
placement of up to 500,000 common shares. The pricing for the
shares will be determined in accordance with the policies of the
Alberta Stock Exchange.
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