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

To: Kerm Yerman who wrote (14284)	12/15/1998 3:53:00 AM
From: Kerm Yerman	Respond to of 15196

MERGERS - ACQUISITIONS / Big Bear Exploration Ltd. Changes Director and Management of Blue Range Resource Corporation Conference Call Wednesday Afternoon CALGARY, ALBERTA-- Big Bear Exploration Ltd. announced today that all of the directors and senior officers of Blue Range Resource Corporation have resigned following the acquisition of 67.3 percent of its outstanding shares by Big Bear Exploration Ltd. Jeff Tonken, Jim Surbey and Randy Brockway have been appointed as directors of Blue Range and the Big Bear management team has been appointed to the senior management positions for Blue Range. Big Bear's offer to purchase Blue Range shares has been extended to 3:00 p.m. Calgary time on December 23, 1998. Big Bear has scheduled a conference call with analysts and investors for 2:00 p.m. (Calgary Time) on Wednesday, December 16, 1998. The number to participate is 1-416-695-9703. Blue Range is a subsidiary of Big Bear Exploration Ltd. which is a Calgary based oil and gas company listed on The Toronto Stock Exchange under the symbol "BDX".

To: Kerm Yerman who wrote (14284)	12/15/1998 4:01:00 AM
From: Kerm Yerman	Respond to of 15196

DIVIDEND ANNOUNCEMENT / IPSCO Inc. TSE, ASE, NYSE SYMBOL: IPS DECEMBER 14, 1998 IPSCO Inc. Announces Dividend REGINA, SASKATCHEWAN--IPSCO Inc. has announced a cash dividend of $0.3513 (Canadian) per Cumulative Redeemable First Preferred Share, Series 1 payable 15 February 1999 to shareholders of record as at 29 January 1999. This news release contains forward looking information with respect to IPSCO's operations and beliefs. Actual results may differ from these forward looking statements due to numerous factors, including those discussed in IPSCO's 1997 Annual Report for its fiscal year ended December 31, 1997.

To: Kerm Yerman who wrote (14284)	12/15/1998 5:02:00 AM
From: Kerm Yerman	Respond to of 15196

TSE BULLETIN / Blue Range Resources, Further Extended Share TORONTO STOCK EXCHANGE ("TSE-T") BLUE RANGE RESOURCES CORP ("BBR.A-T") - TSE Bulletin No 98-1900; Blue Range, Further Extended Share - Purchase Offer RULES FOR TRADING AND SETTLEMENT Symbol: BBR.A; CUSIP: 09579K 10 7 Special Two-day Settlement for trades of December 23, 1998 Reference is made to Exchange Daily Record Bulletin 98-1755 dated November 19, 1998. Big Bear Exploration Ltd. has further extended the offer to purchase all the outstanding Class A Common Shares of Blue Range Resources Corporation on the basis of eleven (11) Common Share of the Offeror for each Class A Common Share of Blue Range. The extended offer will expire at 3:00 p.m. (Calgary time) on December 23, 1998. Common Shares may be tendered by holders whose certificates are not immediately available by completing a validly executed Notice of Guaranteed Delivery (the "Notice") in the form enclosed with the offer or a facsimile thereof. Purchasers: may tender Class A Common Shares purchased providing that such purchases are executed on or before December 23, 1998 and providing that, when applicable, the Notice is completed and filed with the Depository on or before December 23, 1998. Sellers: of Class A Shares must be in a position to deliver such shares in time for the purchaser either to tender the shares on or before December 23, 1998 or to meet the third day delivery deadline on any Notice that may have been filed by the purchaser. NOTICE OF GUARANTEED DELIVERY SETTLEMENT PROCEDURE THE NOTICE OF GUARANTEED DELIVERY MUST BE COMPLETED AND RECEIVED BY THE TRUST COMPANY OF BANK OF MONTREAL IN TORONTO, ON OR PRIOR TO EXPIRY TIME AND LETTER OF TRANSMITTAL ALONG WITH THE SHARES PERTAINING TO THE NOTICE MUST BE RECEIVED ON OR PRIOR TO 5:00 P.M ON THE THIRD TORONTO STOCK EXCHANGE TRADING DAY AFTER THE EXPIRY DATE. Trading and Settlement Rules: 1. All trades on December 22, 1998 will be for regular settlement. 2. All trades on December 23, 1998 will be for Special Two-day Settlement on December 29, 1998. These trades will be entered into the CDS system with a settlement date of December 29, 1998. Members who require additional information should direct their questions to Harvey Bryant at the TSE, 947-4563./For further information TEL: (416) 947-4700 Toronto Stock Exchange FAX: (416) 947-4270 Marketing And Communications