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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (6401)2/14/2005 9:54:22 PM
From: Bruce Robbins  Respond to of 18308
 
OT- The Festiglace is coming up:

neice.com

festiglace.com

It used to be pretty wild watching these people climb next to the Chutes Montmorency. I guessed they moved to another site now.

Always something fun to do in Quebec City whether it is winter or summer. Inexpensive too. Check here if you want to see what is going on:

quebecregion.com

B



To: Cogito Ergo Sum who wrote (6401)2/15/2005 2:59:38 PM
From: Eva  Respond to of 18308
 
Hi Kastel

VET.un selling off today!

Vermilion Energy Trust (C-VET) - News Release
Vermilion increases exchangeable share ratio

2005-02-15 14:49 ET - News Release
Shares issued 58,236,936
VET.UN Close 2005-02-14 C$ 23.00

Mr. Paul Beique reports

VERMILION ENERGY TRUST ANNOUNCES EXCHANGEABLE SHARE RATIO

Vermilion Energy Trust has increased the exchange ratio of the exchangeable shares of Vermilion Resources Ltd. to 1.28669 from 1.27706. The increase will be effective on Feb. 15, 2005. A "notice of retraction" must be received by Computershare by Feb. 17, 2005, to receive this exchange ratio. All notices received after this date will receive the exchange ratio to be determined on March 15, 2005.

The following are the details used in the calculation of the exchange ratio:

Record date of Vermilion Energy Trust distribution Jan. 31, 2005

Opening exchange ratio 1.27706

Vermilion Energy Trust distribution per unit 17 cents

Ten-day weighted average trading price (current market price) $22.55371 (including the last business day prior to the distribution payment date)

Increase in the exchange ratio 0.00963

Effective date of the increase in the exchange ratio Feb. 15, 2005

Exchange ratio as of the effective date 1.28669

The increase in the exchange ratio is calculated by multiplying the Vermilion Energy Trust distribution per unit by the previous month's exchange ratio, and dividing by the current market price of the company. A holder of Vermilion Resources exchangeable shares can exchange all or a portion of their holdings at any time for Vermilion Trust units by completing a retraction request form. You can obtain a copy by contacting Computershare Trust Co. of Canada at 403-267-6894.