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Gold/Mining/Energy : Epic EAS.v (formerly Epic ERB.v and Safari SIR.v) -- Ignore unavailable to you. Want to Upgrade?

To: jbc who wrote (1626)	3/12/1998 3:22:00 PM
From: Chuck Rubin	Read Replies (2) \| Respond to of 3335

Shares issued 5432893 1998-03-11 close $0.71 Thursday Mar 12 1998 See Epic Resources (BC) Ltd (ERB) News Release Mr Frank Donis reports Epic Resources (BC) and Safari International Resources have agreed to merge, subject to receipt of shareholder, court and regulatory approval and final fairness opinion. Under the terms of the agreement, Epic and Safari will, by way of statutory plan of arrangement, amalgamate to form a new company, Epic Resources Ltd, whereby each holder of Epic shares will be entitled to one share of Epic Resources for every one Epic share and each holder of Safari shares will be entitled to 0.90 shares of Epic Resources for every one Safari share. Directors of Epic Resources will consist of Frank Donis, Robert L. Cuff, S. Val Donovan and Steve Pappajohn, who are the current directors of Epic and/or Safari. Mr Donis will be president and CEO and Ms Michelle Koot will be the secretary of Epic Resources. The merger will permit Epic and Safari to combine, into one company, their oil and gas interests in projects in Alberta, Washington and Turkey in which both companies hold interests. Management anticipates that the merged company's greater asset base, capitalization and liquidity will provide greater exposure to potential investment opportunities and enhance the merged company's ability to obtain necessary financing to develop its properties. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com OKAY GUYS, WHAT IS THE BEST STRATEGY ON THIS MERGER FOR US SHAREHOLDERS. HOW DOES IT LOOK?? IS SINCLAIR GOING TO BE BROUGHT INTO THE NEW COMPANY MIX?? IF YOU WERE GOING TO PURCHASE MORE SHARES WHICH WAY WOULD YOU GO??? LOOKING FOR SOME SAAVVVYY STRATEGY. CLK? THE TRUTH? VARGAS MY OLD BUDDY? OR ANYONE ELSE WHO MIGHT LOOK AT THIS IN PERSPECTIVE. Chuckr