To: dbmedia who wrote (383 ) 8/22/2001 10:22:35 AM From: dbmedia Read Replies (1) | Respond to of 526 Westlinks Plan of Arrangement Becomes Effective CALGARY, Alberta--(BUSINESS WIRE)--Aug. 20, 2001--Westlinks Resources Ltd. (CDNX:WLX.V - news; Nasdaq:WLKS - news) and Big Horn Resources Ltd. (TSE:BGH - news) announced today the closing of the plan of arrangement involving Westlinks, 3779041 Canada Ltd., Big Horn and its shareholders. Articles of Arrangement were filed under the provisions of the Canada Business Corporations Act on August 16, 2001. As previously announced, Mr. Reg Greenslade, President of Big Horn, has assumed the position of President and CEO of Westlinks. Mr. Greenslade stated that, ``Westlinks is now a larger and much stronger company with a vast inventory of development, exploration and exploitation prospects. The increased size of the company will enhance our ability to maximize the opportunities within our Company as well as new opportunities.'' About Westlinks Resources Ltd. Westlinks Resources Ltd. is an operating oil and gas company that drills, operates and exploits crude oil and natural gas wells in western Canada. The Company recently announced a merger with Big Horn Resources Ltd. Big Horn is a Calgary-based oil and gas company with a solid production base, a strong balance sheet, and a significant inventory of prospects, including 20 drillable locations with additional contingent locations and over 20 additional locations in various stages of development. The Canadian Venture Exchange has neither approved nor disapproved the financial information contained herein. Statements regarding anticipated oil and gas production and other oil and gas operating activities, including the costs and timing of those activities, are ``forward-looking statements.'' These statements involve risks that could significantly impact both Westlinks, Big Horn and the combined entity. These risks include, but are not limited to, adverse general economic conditions, operating hazards, drilling risks, inherent uncertainties in interpreting engineering and geologic data, competition, reduced availability of drilling and other well services, fluctuations in oil and gas prices and prices for drilling and other well services and government regulation and foreign political risks, as well as other risks commonly associated with the exploration and development of oil and gas properties.