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Gold/Mining/Energy : Red Sea Oil Corporation (RSO) -- Ignore unavailable to you. Want to Upgrade?

To: Tomas who wrote (25)	10/30/1997 10:22:00 PM
From: Bob (Hijacked)	Read Replies (1) \| Respond to of 332

News: Red Sea Oil Corporation RSO Shares issued 35,514,508 Oct 30 close $1.20 Thu 30 Oct 97 Rights Offering The ASE has been advised that the company is issuing rights to the holders of its issued and outstanding shares of record at the close of business on November 5 1997. Shareholders will receive one right for each four common shares held. The rights offering circular has been cleared in Alberta, BC and Ontario. The rights will be posted for trading on November 3 1997. The common shares will begin trading on an ex-rights basis at the opening of business on November 3 1997. Rt symbol: RSO.RT ISM - 834 820 Rt Cusip No: 756910 11 3 Rt exercise price: One right and $1.25 to purchase one common share Rt expiry date: November 27 1997 Cash trading date: November 25 1997