SERVICE SECTOR / Corlac Oilfield Leasing Extends Warrant Terms
REDCLIFF, ALBERTA--
CORLAC OILFIELD LEASING LTD. ("Corlac") (ASE: CKL) is pleased to
announce that it has extended the expiry date for its current
outstanding share purchase warrants from January 27, 1999 and
February 19, 1999 to April 30, 1999.
This extension of the expiry date applies to the 500,000
outstanding share purchase warrants entitling the holder to
acquire one common share at a price of $1.00 per share until
January 27, 1999 and February 19, 1999 (now April 30, 1999). The
extension also applies to the 2,937,500 outstanding share
purchase warrants entitling the holder to acquire one common
share at a price of $0.50 per share until January 27, 1999 (now
April 30, 1999).
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