AltaQuest Energy Corporation Closes Special Warrant Financing.CALGARY, ALBERTA--(BUSINESS WIRE)--April 23, 1998-- AltaQuest(Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). :AQF) ALTAQUEST ENERGY CORPORATION (Symbol - AQF) is pleased to announce that on April 22, 1998 it closed its previously announced $5,000,000 special warrant financing. Seventy percent of the gross proceeds will be held in escrow pending the receipt for the final prospectus. The syndicate led by FirstEnergy Capital Corp., includes Newcrest Capital Inc., and HSBC HSBC Hongkong and Shanghai Banking Corporation HSBC Humane Society of Broward County (Florida) HSBC Humane Society of Bay County (Bay County, Michigan) James Capel Canada Inc. AltaQuest is a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. on The Alberta Stock Exchange. -0- The Alberta Stock Exchange has neither approved nor disapproved of the information contained herein. CONTACT: AltaQuest Energy Corporation Mr. John E. Thompson Prolific artist and cartoonist, John Enrique Thompson (b. 1969) began his career with a series of critically acclaimed mini-comics including "Jesus Comix", "The Many Faces of John", "Terrifying All-True Army Tales" and a comic adpatation of Dostoyevski's "Crime and Punishment" , 403/543-4677 403/543-4680 (FAX) altaquest@telecommedia.com |
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