Claude Resources Inc.
12/14/98 - Canada Dominion Resources LP Now Fully Invested
MAXX PETROLEUM LTD ("MXP-T;MMX-ADQ") CLAUDE RESOURCES INC. ("CRJ-TY;CLADF-L") BONAVISTA PETROLEUM LTD. ("BNP-T;BVPTF-L") - Canada Dominion Resources LP Now Fully Invested
Canada Dominion Resources Limited Partnership (the "Partnership") is pleased to announce the acquisition of flow-through shares in three additional resource issuers, finalizing the Partnership's investments. Investments are as follows:
Issuer Symbol Number Of Price Investment Shares Per Share Amount Purchases MAXX Petroleum TSE:MXP 130,000 $4.10 $533,000 Claude Resources Inc. TSE:CRJ 303,030 $1.65 $500,000 Bonavista Petroleum Ltd. TSE:BNP 27,600 $8.90 $245,640 Total Investment $1,278,640
MAXX Petroleum and Bonavista Petroleum are in the oil and gas sector while Claude Resources is a gold producer.
Tuscarora Capital Inc., the Partnership's Investment Advisor, advises that in total $16,813,041 were invested on behalf of the Partnership in resources issuers, primarily in the oil and gas sector with a bias to gas producers. A complete list of the investments may be viewed on Canada Dominion's website, canadadominion.com.
CANADA DOMINION RESOURCES LIMITED PARTNERSHIP
By: Canada Dominion Resources Corporation
General Partner
James A. Hutton President & C.E.O. TEL: (604) 681-5543
Krista Stausgaard, Manager, Investor Relations FAX: (604) 681-5561 TEL: (800) 325-6888
______________________________
(c) Corporate Dissemination Services Inc. All rights reserved.
Tel:(604) 689-1101
Fax:(604) 689-1106
RapidFAX (tm) - To get the NEWS as it happens, call (604) 689-3041.
© 1998 StockHouse Online Journal | Disclaimer |