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

To: Herb Duncan who wrote (10715)	5/16/1998 1:05:00 AM
From: Kerm Yerman	Respond to of 15196

CORP. / Justinian Explorations Amends exercise Price Of Shares JUSTINIAN EXPLORATIONS LTD. ASE SYMBOL: JEL MAY 15, 1998 Justinian Receives ASE Approval to Amend Original Exercise Price of Common Shares CALGARY, ALBERTA--JUSTINIAN EXPLORATIONS LTD. (JUSTINIAN) ANNOUNCES that it has received approval from The Alberta Stock Exchange to amend the original exercise price of $0.55 on 1,475,000 common shares reserved for the exercise of stock options, having expiry dates ranging from February 27, 2002 and December 31, 2002. The amended exercise price is $0.30 per common share. All other terms and conditions that relate to the exercise of these options remain unchanged. Justinian Explorations Ltd. is an oil and gas company based in Calgary, Alberta. The common shares of the Company are listed on the Alberta Stock Exchange under the symbol "JEL".