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Gold/Mining/Energy : Bresea Resources (BSR) -- Ignore unavailable to you. Want to Upgrade?

To: IngotWeTrust who wrote (1411)	7/29/2001 11:49:19 AM
From: Lalit Jain	Respond to of 1451

Hello gold_tutor, Great to hear from you. Hope you are well. MacDonald Oil was trying to gain control of Bresea by acquiring more shares than the 19% held by Yukon Ltd, a sub. of MFC. Their strategy was to go to woe the US Bresea shareholders. I don't know what happened ! I suppose they came against road blocks, or found out that it would be very expensive and even at that would not significantly increase their holdings (enough to challenge Yukon). BTW, "Sammy sat here" phrase was so funny that I was splitting myself laughing. As far as the mumbo jumbo written in the release, there is just not enough detail about the amended agreement to make sense out of it. I hope they send the details to all shareholders b4 Aug. 23rd. Hopefully soon after the meeting the shares could be listed for trading again. I suppose they will fall wrt to their book value. Wife and kids are fine! Kids are swimming, canoeing and sailing a lot this summer. Lalit

To: IngotWeTrust who wrote (1411)	8/1/2001 10:11:11 AM
From: Lalit Jain	Read Replies (1) \| Respond to of 1451

Notice to the creditors of Bresea Resources Ltd. VANCOUVER, Aug. 1 /CNW/ - NOTICE IS HEREBY GIVEN pursuant to an Order of the Court of Queen's Bench of Alberta (the "Court") dated July 24, 2001 (the "Interim Order") that Bresea Resources Ltd. ("Bresea") has on July 24, 2001 filed with the Court a Petition requesting the Court's approval of a Plan of Arrangement made pursuant to the Canada Business Corporations Act, R.S. 1985, c. C-44, as amended (the "CBCA"). NOTICE IS ALSO HEREBY GIVEN to Affected Creditors pursuant to the Interim Order of a meeting (the "Creditors' Meeting") to be held at 4:00 p.m. (PST) on August 23, 2001 at 1000 Cathedral Place, 925 West Georgia Street, Vancouver, British Columbia for the purpose of passing a resolution to approve the Plan of Arrangement and to transact such other business as may properly come before the Creditors' Meeting or any adjournments thereof. The Interim Order directs Bresea to solicit claims from all creditors of Bresea for the purpose of determining the claims which will participate in voting on Bresea's Plan of Arrangement. Any party having a claim against Bresea is required to file a Proof of Claim with Bresea in a prescribed form in order to participate in any voting on the Plan of Arrangement. A Claims' Bar Date of 4:00 p.m. (PST) on August 21, 2001, has been set. All claims received by Bresea after the Claims' Bar Date will be forever extinguished, barred and will not participate in any voting on the Plan of Arrangement, subject to further order of the Court. All claims of any nature, including unsecured, secured and contingent or unliquidated, against Bresea must be made on or before the Claims' Bar Date. All claims must be made in the prescribed "Proof of Claim" form together with the required supporting documentation and be received by Bresea on or before the Claims' Bar Date, at Bresea, at 1620-400 Burrard Street, Vancouver, B.C., V6R 4J4, Canada. The prescribed "Proof of Claim" form can be obtained by calling Bresea at (604) 408-8538 or (604)-683-5767.