Antares to Acquire Investment Advisory Service Plans to Market Publication Via Internet.

TORONTO--(BUSINESS WIRE)--July 12, 1999--

Anthony de Werth, Chairman and CEO of Antares (TSE:ANZ) is pleased to announce that Antares has completed an agreement in principle to acquire POLYMETRIC CORP., publishers since 1968 of THE POLYMETRIC REPORT.

The Polymetric Report is a stock selection and buy/sell timing advisory service for investors, published monthly in two editions. The report was founded by Mr. Picton Davies, President of Polymetric Corp. Mr. Davies will continue his involvement with the report's publication and will become a Director of Antares upon closing of this transaction scheduled for August 10, 1999. The acquisition of Polymetric Corp. will entail the issuance of a modest amount of Antares shares.

The Polymetric Canadian/Latin American edition (previously titled Canadian edition) was started in January 1968, and the U.S./Overseas edition (previously titled U.S. edition) was begun in January 1971. Both editions have enviable track records which are crystallized in two notional portfolios, the TSE All Seasons Fund and the NY All Seasons Fund. Performance results of these funds are published in each month's Polymetric Report, together with recommended portfolio changes. Results are as follows:

TSE ALL SEASONS MODEL PORTFOLIO

Compounded Rate of Return -- January 1968 to June 1999:

21.2 Percent p.a.

This fund was started in January 1968 with a notional $40,000, and after reinvesting dividends and paying commissions on transactions, now has a value of $17,375,513. For comparison, the TSE Industrial Average/TSE 300 annual compounded rate of return over this same period is 10.2 percent and the same $40,000 fully invested continually in the index would now have a value of $867,564.

NY ALL SEASONS MODEL PORTFOLIO

Compounded Rate of Return -- January 1971 to June 1999:

19 Percent p.a.

This fund was started in January 1971 with a notional U.S.$100,000 and after reinvesting dividends and paying commissions on transactions, now has a value of U.S.$14,310,806. For comparison, the S.&P. 500 annual rate of return over the same period is 13.2 percent and the same U.S.$100,000 fully invested continually in the index would now have a value of U.S.$3,467,345.

Antares believes that individual investors will continue to gravitate toward more economical transaction execution options via the Internet and will need access to research and analytical data to help guide their investment decisions. Accordingly, Antares has begun the process of making The Polymetric Report available via the World Wide Web (www.polymetric.com) and will focus on growing the subscriber base through this medium going forward.

This acquisition begins the transition of Antares from a narrowly focused natural resource exploration company into a more widely diversified corporation. Management and the Board of Directors continue to examine other opportunities.

The acquisition by Antares of Polymetric Corp. is subject to due diligence and the receipt of all necessary regulatory approvals. Approval will be sought at the Annual and Special Shareholders' Meeting (July 29, 1999) to change Antares' corporate name to CAUSSA CAPITAL CORPORATION (Full details of the model portfolios of Polymetric Corp. are available upon request. Past performance is not a guarantee of future results. Such results will vary and the variations may be material. Nothing herein should be construed as an offering or advertisement of securities or of the services provided by Polymetric Corp.)

NO STOCK EXCHANGE, SECURITIES COMMISSION OR OTHER REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED THE INFORMATION CONTAINED HEREIN.