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Gold/Mining/Energy : IBI CORP IBIC (CDN) -- Ignore unavailable to you. Want to Upgrade?

To: patrick anderson who wrote (170)	1/14/1999 2:12:00 PM
From: Elizabeth A Rice	Read Replies (1) \| Respond to of 422

There appears to be a bug today in Canada Stockwatch today as all cdn stocks are showing on the tse this morning. As of yesterday at market close IBIC had only $8000 more to go to reach the working capital requirment set by the CND/TSE of $350,000. As soon as that sum is reached the CDN will start showing trades again. IBIC is in good standing with the CDN. A meeting is set with the CDN for next week In Mid May the CDN changed it's listing requirments from a one page to a 176 page application. IBIC chose to follow thru with the complete 176 page application which is very detailed, asks for a huge amount of specifics as well as detailed background information on the officers adn the board. If you are interested in reading about those go to WWW.TSE.COM and go to listing requirements for junior mining companies and you will see why it has taken so long. Had IBIC not gone this route it would continue to trade on the pink sheet forever.( as will anyone else who either gets bumped or wants to apply) There is a huge snowstorm in Toronto which may prevent the principals from meeting within the time frame I am anticipating.