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

To: Kerm Yerman who wrote (15037)	1/27/1999 3:47:00 AM
From: Kerm Yerman	Respond to of 15196

ENERGY TRUSTS / Westrock Energy Income Fund II - Notice of Rights Offering Westrock Energy Income Fund II - WRF.un, TSE, ME CALGARY, Jan. 26 /CNW/ - Westrock Energy Income Fund II (the ''Fund'') announces that it is issuing to holders of its trust units of record at the close of business on February 4, 1999, Rights to subscribe for trust units. Each holder of trust units is entitled to one (1) Right for each trust unit held on the record date. Five (5) Rights will entitle the holder to purchase one (1) trust unit of the Fund at a price of $5.80 per trust unit until 4:00 pm local time at the place of exercise on February 26, 1999. If all of the Rights are exercised, the Fund will issue 1,885,450 trust units and receive net proceeds of approximately $10.5 million. The Rights Offering Circular and Rights Certificates are expected to be mailed to the Fund's unitholders on February 5, 1999. CIBC Wood Gundy Securities Inc. will act as dealer manager to form a facilitating dealer group to solicit subscriptions for the clients. The Toronto Stock Exchange and the Montreal Exchange have conditionally approved the listing of the Rights which are expected to commence trading on February 2, 1999.