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Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C) -- Ignore unavailable to you. Want to Upgrade?

To: Max-mouse who wrote (722)	3/22/1998 12:51:00 PM
From: Jim P	Respond to of 2306

Hi Max-mouse, We all know of at least one.As per the release of last summer where they raised $1.55 million in a placement.This placement equaled 5 million shares of BEA and 5 million of STF.There are other large investors as well. Anyone have access to the Insider Trading report for Alberta? Jim P

To: Max-mouse who wrote (722)	3/22/1998 1:01:00 PM
From: Jim P	Read Replies (1) \| Respond to of 2306

Hi Max-mouse,here is the release from last summer. Jim P ------------------------------------------------------------------------ Attention Business Editors: BEARCAT EXPLORATIONS LTD. AND STAMPEDE OILS INC. CALGARY, July 31 /CNW/ - Bearcat Explorations Ltd. and Stampede Oils Inc. announce that they have entered into a farmout agreement with Berkley Petroleum Corp. pertaining to oil and gas leases, held by Bearcat/Stampede and related companies in the Turner Valley area of southwestern Alberta. A drilling rig has been contracted for the first earning well. Drilling is expected to commence in August and should take 60-80 days to reach total depth at approximately 10,000 feet. The well is intended to test the regional Mississippian Turner Valley formation for oil, Berkley will be the operator of this program. Net after payout working interest in this program will be as follows: Berkley Petroleum Corp. 36% Bearcat Explorations Ltd. 34% Stampede Oils Inc. 17% Panda Petroleums Ltd. 9% Curlew Lake Resources Inc. 4% This farmout is in addition to the previously announced farmout to Imperial Oil Resources covering additional acreage held by Bearcat/Stampede and related companies in the Turner Valley area. Berkley is also participating in that program as an equal partner with Imperial Oil. A well license application has been submitted for each of the first earning wells on both of the above programs. Though Bearcat and Stampede have carried interests in the drilling of the earning wells, both companies have completed financing arrangements with a prominent Toronto-based investment management fund to finance their additional and ongoing participation in the above programs. The financing involved the sale of 5,000,000 shares by each company for net proceeds of $ 1,550,000 to Bearcat and $ 900,000 to Stampede. The Alberta Stock Exchange has neither approved nor disapproved the information contained herein. BEARCAT EXPLORATIONS LTD. is listed on The Alberta Stock Exchange under the symbol BEA. STAMPEDE OILS INC. is listed on The Alberta Stock Exchange under the symbol STF. -30- For further information: John W. McLeod, President, Bearcat Explorations Ltd., (403) 265-6161, Fax: (403) 265-0893