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

To: Herb Duncan who wrote (11921)	7/28/1998 9:17:00 PM
From: Herb Duncan	Read Replies (1) \| Respond to of 15196

CORP / Robert W. Lamond And Humboldt Capital Corporation Increase Interest In Diaz Resources Ltd. VSE SYMBOL: HMB.A HMB.B JULY 28, 1998 CALGARY, ALBERTA--R.W. Lamond, Lamond Investments Ltd ("Lamond Investments"), a company wholly owned by Mr. Lamond, and Humboldt Capital Corporation ("Humboldt"), a public company controlled by Mr. Lamond, advise that they have acquired an additional 501,000 Class A Subordinate Voting Shares of Diaz Resources Ltd. ("Diaz") (VSE: DZR.a/DZR.b), and 512,000 Class B Multiple Voting Shares of Diaz. Humboldt purchased 500,000 of the Class A Subordinate Voting Shares privately, Lamond Investments purchased 500,000 of the Class B Multiple Voting Shares privately, and the balance were purchased by Humboldt on the Vancouver Stock Exchange. As a result of the acquisition, Robert W. Lamond, Lamond Investments and Humboldt own an aggregate of 4,423,361 Class A Subordinate Voting Shares and options to purchase a further 350,000 Class A Subordinate Voting Shares, of which Humboldt owns 3,606,661 Class A Subordinate Voting Shares. Assuming the options are exercised, this represents 60.7 percent of the outstanding Class A Subordinate Voting Shares. In addition, they own an aggregate of 4,022,361 Class B Multiple Voting Shares or 64.2 percent of the outstanding Class B Multiple Voting Shares of which Humboldt owns 3,101,111. The acquisitions are 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 Diaz through normal market purchases or otherwise as permitted pursuant to securities regulations. R.W. Lamond is the Chairman of the Board of, and holds approximately 60 percent of the outstanding shares of Humboldt.

To: Herb Duncan who wrote (11921)	7/29/1998 3:45:00 PM
From: SofaSpud	Read Replies (1) \| Respond to of 15196

NORMAL COURSE ISSUER BID / Shell Canada SHELL CANADA ANNOUNCES NORMAL COURSE ISSUER BID CALGARY, July 29 /CNW/ - Shell Canada Limited (''Shell'') announces its intention to make a normal course issuer bid, subject to regulatory approval by The Toronto Stock Exchange and the Montreal Exchange. Shell intends to repurchase for cancellation up to one percent of its 290,167,640 Class ''A'' Common Shares issued and outstanding as at July 28, 1998, to a maximum of 2,901,676 Common Shares during the term of the bid. Repurchase of the Common Shares will be carried out through the facilities of the same exchanges. The purchase of the Common Shares under the bid will lessen the effects of dilution from issuance of additional Common Shares pursuant to its employee stock option program. The bid will begin on August 17, 1998 and will end when the Corporation has purchased the requisite number of Common Shares, unless it provides earlier notice of termination. If not previously terminated, the normal course issuer bid will end on August 16, 1999. The price which Shell will pay for any such Common Shares will be the market price at the time of acquisition. The actual number of Common Shares which will be purchased and the timing of any such purchases will be determined by Shell. Shell Petroleum N.V., which holds, directly and indirectly, 225,637,338 Common Shares of Shell, has advised that it does not intend to participate in the bid. Shell Petroleum N.V. is a member of the Royal Dutch/Shell Group of Companies. Visit Shell's Internet web site: www.shell.ca. -30- For further information: John Armstrong, Manager, Investor Relations, (403) 691-2175 or Jan Rowley, Manager, Public Affairs, (403) 691-3899