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

To: Herb Duncan who wrote (11728)	7/14/1998 8:41:00 PM
From: Kerm Yerman	Respond to of 15196

SERVICE SECTOR / Bowridge Resource Group Announces Normal Course Issuer Bid CALGARY, ALBERTA--Bowridge Resource Group Inc. has received approval from the Toronto Stock Exchange to proceed with a normal course issuer bid to purchase up to 750,000 (3.9 percent) of its common shares between July 16, 1998 and July 15, 1999. All shares purchased by Bowridge will be cancelled upon acquisition. Bowridge believes that recent market prices for its shares do not accurately reflect the underlying value of its shares and purchase of them is in the best interests of Bowridge and its shareholders. Bowridge has 19,097,638 shares issued and outstanding with a public float of 15,473,706 shares. Under the rules of the TSE Bowridge may not purchase more than 381,952 (2 percent) of its issued shares in any 30-day period.