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

To: Herb Duncan who wrote (10203)	4/20/1998 3:26:00 PM
From: Kerm Yerman	Respond to of 15196

SERVICE SECTOR / American ECO Corp. Appointments AMERICAN ECO CORPORATION CBOE SYMBOL: EOQ TSE SYMBOL: ECX NASDAQ SYMBOL: ECGOF BERLIN SYMBOL: AEOGR APRIL 20, 1998 American Eco Corporate Appointments HOUSTON, TEXAS--Michael E. McGinnis, Chairman, President & CEO of AMERICAN ECO CORPORATION announced the appointment of operating subsidiary Corporate Management reporting to the President & CEO. These individuals expand the senior management of our company and enable us to regionalize the reporting structure. These appointments are effective immediately: /T/ - Larry Cundy, Vice-President, Northwest Region, North America. Mr. Cundy's office is located at Industra Inc., 16300 Christensen Road, Seattle, Washington. - Joseph DeFranco, Vice-President, Western Region, North America. Mr. DeFranco's office is located at Separation & Recovery Systems, 1762 McGaw Avenue, Irvine, California. - Besim Halef, Vice-President, Northeast Region, North America. Mr. Halef's office is located at MM Industra, 61 Estates Road, Woodside Industrial Park, Dartmouth, Nova Scotia, Canada. - Matthew Hill, Vice-President, Southwest Region, North America. Mr. Hill's office is located at American Eco, 11011 Jones Road, Houston, Texas. - Toomas Kukk, Vice-President, Midwest Region, North America. Mr. Kukk's office is located at Chempower, 1501 Raff Road SW, Canton, Ohio. Bruce D. Tobecksen, Senior Vice-President & CFO of American Eco announced the appointment of senior managers reporting to the Chief Financial Officer: - Lanell Matlock, Assistant Vice-President & Controller, North America. - Cindy Jackson, Director of Investor Relations. /T/ Both Ms. Matlock & Ms. Jackson are located at American Eco's offices, 11011 Jones Road, Houston, Texas. American Eco is a leading North American provider of single-source construction, management, maintenance, specialty fabrication, and engineering services in the refining, petrochemical, utility, forest products and offshore manufacturing industries.

To: Herb Duncan who wrote (10203)	4/20/1998 6:45:00 PM
From: Kerm Yerman	Read Replies (15) \| Respond to of 15196

EARNINGS / Pebercan inc. Reports 1997 Results PEBERCAN INC. ME SYMBOL: PBC APRIL 17, 1998 Pebercan Inc Year End Results - December 31, 1997 MONTREAL, QUEBEC--Pebercan announces that for the fiscal year ended December 31, 1997 the corporation incurred a net loss after taxes of $480,259 ($0,02 per share) compared to a net income of $508,369 ($0,02 per share) for the period from June 10, 1996 to December 31, last year. In 1996, the Corporation generated revenues of $2,224,538 form the gain realized on the disposition of the shares held by the Corporation in Probe Exploration Inc. The administrative expenses increased from $373,471 (7 months) to $1,439,258. This change stemmed mostly from salaries for new personnel hired during the year and marketing and traveling expenses related to the promotion of the corporation and project . The company decreased its liquidities by $6,483,633 during the year. Although the compagny received $5,978,630 in cash through the capital share issue, it had invested $9,200,829 for the acquisition of a drilling rig and $5,822,549 in exploration and seismic program. The Board of Director wish to take this opportunity to thank all shareholders for their support and confidence.