To: CIMA who wrote (3657 ) 9/15/2001 11:29:06 AM From: Al Collard Read Replies (1) | Respond to of 11802 CIMA, more news out on your pick SOH-v:Soho approves Huntford arrangement agreement News Release Mr. John Devlin reports At the company's reconvened annual general and extraordinary meeting of shareholders completed on Friday, Sept. 7, 2001, Soho shareholders overwhelmingly approved the arrangement agreement with Huntford Resources Corporation, thereby allowing the two companies to proceed with a share exchange whereby Huntford will become the wholly owned subsidiary of Soho. Soho intends to immediately file for final approval of the arrangement agreement with the Canadian Venture Exchange and the Supreme Court of British Columbia. Soho shareholders, at the reconvened meeting, also approved two additional items of business: a) the change of the company's name to Ceres Energy Inc., and b) disinterested shareholders passed an ordinary resolution to approve an amendment to the company's 2000 stock option plan. The 2000 stock option plan amendment, if adopted by the company's board of directors, allows the total number of common shares allotted and reserved for future issuance to be equivalent to 20 per cent of the issued and outstanding share capital of the company. Any options granted under the plan will be subject to vesting provisions over a period of not less than 18 months such that one-eighths of any options granted under the plan will vest every three months. In addition, all stock options and any shares issued on the exercise of stock options will have a four-month hold period from the date the stock options are granted. The above business is subject to regulatory approval from the Canadian Venture Exchange.