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Gold/Mining/Energy : KERM'S KORNER -- Ignore unavailable to you. Want to Upgrade?


To: Herb Duncan who wrote (8923)2/9/1998 9:31:00 PM
From: Kerm Yerman  Respond to of 15196
 
CORP. / CrownJoule Exploration Ltd. Adds To Board Of Directors

CROWNJOULE EXPLORATION LTD.

TSE SYMBOL: CJE CJE.WT

FEBRUARY 9, 1998

Katharine (Katie) T. Trafford Joins the Board of
CrownJoule Exploration Ltd.

CALGARY, ALBERTA--George T. Wilson, President and Chief Executive
Officer of CrownJoule Exploration Ltd., is pleased to announce the
appointment of Ms. Katharine T. Trafford to the Board of Directors
of the company. Ms. Trafford brings extensive financial and
investment banking experience to the Board.

Ms. Trafford holds a joint Honors Degree in Economics and
Accounting from the University of Dundee in Scotland. Upon
graduation, Ms. Trafford was employed as an analyst with Petro
Canada before spending the next ten years in the financial
industry with Levesque Beaubien, First Boston and, most recently,
Richardson Greenshields of Canada Limited. While with Richardson
Greenshields, Ms. Trafford was Director of Institutional Sales and
Trading in Toronto and, most recently, Director of Investment
Banking in Calgary.

Ms. Trafford is currently a private Financial Consultant and
brings more than fifteen years of extensive financial experience,
particularly in the areas of corporate finance, mergers and
acquisitions and institutional investment. Ms. Trafford's
business experience, energy, enthusiasm and forthright financial
advice will contribute to CrownJoule's continued growth and
success.

CrownJoule Exploration Ltd. is a natural gas exploration and
production company focused in west central Alberta and currently
produces over 12 Mmcfe/d (1200 Boed) of natural gas and associated
liquids from its two gas plants in its core focus area. In
addition to its developed properties, CrownJoule has over 53,000
net acres of undeveloped land in its exploration portfolio.

With a strong balance sheet, stable cash flow and an aggressive,
strengthened management team and Board of Directors in place,
CrownJoule is poised for significant growth.

CrownJoule is an oil and gas exploration company whose Common
Shares and Purchase Warrants are traded on The Toronto Stock
Exchange under the trading symbols "CJE" and "CJE.WT"
respectively.



To: Herb Duncan who wrote (8923)2/9/1998 9:42:00 PM
From: Kerm Yerman  Respond to of 15196
 
SERVICE SECTOR / Dominion Bridge And American Eco Enter Into Exclusive
Acquisition Discussions

DOMINION BRIDGE CORPORATION
VSE SYMBOL: DMO.U
NASDAQ SYMBOL: DBCO

AND AMERICAN ECO CORPORATION
TSE SYMBOL: ECX
NASDAQ SYMBOL: ECGOF

FEBRUARY 9, 1998

Dominion Bridge And American Eco Enter Into Exclusive
Acquisition Discussions

MONTREAL, QUEBEC and TORONTO, ONTARIO--Dominion Bridge Corporation
and American Eco Corporation, jointly announced that they have
entered into exclusive negotiations for, among other things, (i)
the private placement of USD$5.0 million of Dominion Bridge
securities to American Eco; (ii) a USD$25.0 million interim credit
facility from American Eco; and (iii) the acquisition of Dominion
Bridge by American Eco. The exclusivity period expires at 5:00
p.m. Montreal time on Thursday, February 12th. The terms of
their agreement will be announced once discussions are completed.

A spokesperson from Dominion Bridge said that the previously
announced private placement of its securities to Sanda Investment
Group has been put on hold pending the outcome of the discussions
with American Eco.

Dominion Bridge was established in 1879. The company is active in
the international engineering and infrastructure markets. It
manages projects and operates facilities in North and South
America, Europe and the Asia Pacific.

American Eco is a North American provider of single-source
construction, management, maintenance, specialty fabrication,
engineering and environmental remediation services in the
refining, petrochemical, utility, forest products and offshore
manufacturing industries.