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

To: Kerm Yerman who wrote (11218)	6/13/1998 6:58:00 AM
From: Herb Duncan	Read Replies (1) \| Respond to of 15196

MERGERS-ACQUISITIONS / Humboldt Capital Corporation and Robert W. Lamond Increase Interest in Nycan Energy Corp. VSE SYMBOL: HMB.A JUNE 12, 1998 CALGARY, ALBERTA--Robert W. Lamond advises that he has acquired an additional 200,000 Class A Common shares of Nycan Energy Corp., as part of a flow through share private placement issue by the company. As a result of the acquisition, Mr. Lamond and a company wholly owned by him owns 469,000 Class A Common shares of Nycan and Humboldt Capital Corporation, a public company controlled by Mr. Lamond, owns 1,441,809 Class A Common shares of Nycan, for an aggregate of 1,910,809 Class A Common shares or 20.7 percent of the outstanding Class A Common shares of Nycan. The acquisition is for investment purposes and each of Mr. Lamond and Humboldt may from time to time, as market opportunities exist or develop, increase their beneficial ownership of or control and direction over shares of Nycan through normal market purchases. R.W. Lamond is the Chairman of the Board of, and holds approximately 60 percent of the outstanding shares of Humboldt.

To: Kerm Yerman who wrote (11218)	6/13/1998 7:00:00 AM
From: Herb Duncan	Read Replies (1) \| Respond to of 15196

FINANCING / Gold Star Energy Inc. Announces Closing of Special Warrants Private Placement ASE SYMBOL: GSN JUNE 12, 1998 CALGARY, ALBERTA--Gold Star Energy Inc. ("Gold Star") (GSN - ASE) is pleased to announce that it has closed the financing announced March 25, 1998, resulting in gross proceeds raised of approximately $4,467,000 on the issuance of 12,765,014 Special Warrants in total. Each Special Warrant will entitle the holder to one unit without payment of additional consideration, each unit consisting of one common share and one half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one common share at any time on or before November 20, 1999, at a price of $0.50 per share. The net proceeds of the offering have and will be used to repay interim financing secured to complete the acquisition and fund exploitation projects on Gold Star's concessions in Argentina. The previously announced share consolidation and name change to "Netherfield Energy Corporation" will now proceed. Assuming exercise of all outstanding Special Warrants, there will be approximately 12,251,000 common shares issued on a post-consolidation basis.

To: Kerm Yerman who wrote (11218)	6/13/1998 7:02:00 AM
From: Herb Duncan	Respond to of 15196

CORP / Inspan Investments Limited Announces Name Change to Slade Energy Inc. and Share Consolidation ASE SYMBOL: SDE JUNE 12, 1998 CALGARY, ALBERTA--On March 20, 1998, shareholders approved a one-for-four consolidation of the company's shares and a name change from Inspan Investments Limited to Slade Energy Inc. The common shares of Slade Energy Inc. will be posted for trading on the Alberta Stock Exchange in substitution for the common shares of Inspan Investments Limited at the opening of business on June 12, 1998 under the symbol "SDE". Slade Energy Inc. is a junior oil and gas company with interest in various oil and gas assets that are concentrated in East-Central Alberta.