Berkley Petroleum Corp. Announces Proposed Stock Split.CALGARY, ALBERTA--(BUSINESS WIRE)--April 1, 1997--(Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). , TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :BKP BKP Bleached Kraft Pulp BKP Buchele & Kremer Produktivitätsberatung GmbH BKP Backup File BKP Breakpoint .) Berkley Petroleum Corp. (ASE/TSE:BKP) announced today that the company plans to subdivide TO SUBDIVIDE. To divide a part of a thing which has already been divided. For example, when a person dies leaving children, and grandchildren, the children of one of his own who is dead, his property is divided into as many shares as he had children, including the deceased, and the share its issued and outstanding common shares based on three common shares for each issued common share held at the record date to be fixed. Berkley currently has 16,700,487 common shares issued and outstanding. The planned subdivision is subject to approval by shareholders at the Company's Annual and Special Meeting to be held in Calgary June 3, 1997, and acceptance by the Alberta and Toronto Stock Exchanges Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. . The record date for stock subdivision will not be less than ten trading days after shareholder approval and issuance of the amendment to the Company's articles. Berkley Petroleum's News Release for the past 14 months can be accessed electronically through the Canadian Corporate News website at http://cdn-news.com -0- The information contained herein, has been neither approved nor disapproved by the Alberta or Toronto Stock Exchange. CONTACT: Berkley Petroleum Corp. Michael L. Rose, 403/571-3600 http://cdn-news.com |
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