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Gold/Mining/Energy : Tracer Petroleum (TCXXF) -- Ignore unavailable to you. Want to Upgrade?

To: P_Dalton who wrote (545)	3/25/1998 11:04:00 PM
From: James Strauss	Read Replies (2) \| Respond to of 1261

Here is the verification you requested... This is from a March 12th news release... Jim ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ TRACER PETROLEUM CORPORATION is pleased to announce the appointment of David R. Robinson to the Board of Directors. A Calgary-based geologist and seasoned oil company executive, Mr. Robinson has spent the past 12 years working in both the investment business and petroleum industry. Previously the President and Chief Executive Officer of Odyssey Petroleum Corporation, and prior to that an Executive Vice President of Arakis Energy Corporation, both of which are Calgary-based and NASDAQ-listed, Mr. Robinson was responsible for raising over US$200 million in equity capital for these companies. The Board of Directors of Tracer is confident that Mr. Robinson will play a key role in enhancing the Company's relationships with the investment community, and in raising further capital for Tracer's projects, as may be required. Mr. Robinson is an investor in, and arranged the majority of the recently-announced private placement. In conjunction with Mr. Robinson's appointment to the Board, Tracer confirms the grant of 250,000 new incentive stock options to purchase 250,000 common shares of the Company at CDN $0.50 per share at any time up to and including March 12, 2000. The grant of stock options is subject to acceptance by regulatory authorities.