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Gold/Mining/Energy : Raptor Capital Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Yarek Szolomicki who wrote (267)4/28/1999 1:15:00 PM
From: topstock  Read Replies (1) | Respond to of 355
 
News Release:

newswire.ca

Attention Business Editors:

Raptor Capital Corporation announces Asset Sale

CALGARY, April 27 /CNW/ - Norman Mackenzie, Chairman of Raptor Capital
Corporation (''Raptor''), announces the closing of the sale of its 58% working
interest in the Minton Saskatchewan oil field for a sale price of $528,750.00.
Raptor will use the funds received from the sale for the reduction of
debt and for the further development of its oil property at Norris Alberta and
for the development of shut-in gas properties currently under negotiation.

The Alberta Stock Exchange has neither approved nor disapproved this
announcement.

-30-

For further information: Jim Kootnekoff, 1-888-344-7999

Regards,
TOPSTOCK