Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Herb Duncan who wrote (9649)	3/21/1998 1:11:00 AM
From: Kerm Yerman	Respond to of 15196

PROPERTY ACQUISITION / Extreme Energy Announces Unit Interest Acquisition EXTREME ENERGY CORPORATION ASE SYMBOL: EXT MARCH 20, 1998 CALGARY, ALBERTA--EXTREME ENERGY CORPORATION (the "Corporation") is pleased to announce that it has concluded a previously announced acquisition of a 0.36775 percent unit interest in certain oil and gas reserves in the Cyn-Pem Cardium "D" Unit No. 1 in the Province of Alberta (the "Cyn-Pem Interests") from a private Alberta corporation. Consideration for the transaction consisted of the issuance of 210,000 Common Shares of the Corporation at a deemed price of $0.60 per Common Share and $210,000 in cash. Together with the recently acquired interest, the Corporation presently holds a total unit interest of 0.66485 percent in the Cyn-Pem Interest.