Abacan Proceeds With Public Offering of Senior Notes.CALGARY, Alberta--(BUSINESS WIRE)--May 27, 1997-- Abacan (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). ABC ABC in full American Broadcasting Co. Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928. ., NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on ABACF. ) Abacan Resource Corporation (TSE:"ABC", NASDAQ:"ABACF") today announced a proposed public offering of US $160 million Senior Notes due 2002. A preliminary short-form prospectus has been filed with the Alberta Securities Commission and a registration statement with the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Securities and Exchange Commission. The offering will be made solely in the United States. The underwriters for the offering are Bear, Stearns & Co. Inc. and Howard, Weil, Labouisse, Friedrichs Incorporated. Abacan has filed the preliminary short-form prospectus and the registration statement, which has not yet become effective, pursuant to the Multi-Jurisdictional Disclosure System (MJDS MJDS Multijurisdictional Disclosure System MJDS Minneapolis Jewish Day School ). The Senior Notes may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. Nothing herein shall constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such states. A written prospectus in connection with the offering may be obtained from Bear, Stearns & Co. Inc., New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , New York or Howard, Weil, Labouisse, Friedrichs Incorporated, New Orleans, Louisiana. CONTACT: Abacan Resource Corporation Wade Cherwayko, 403/262-1220 or Abacan Resource Corporation Lon Boshouwers, 403/262-1220 |
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