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Brigdon Resources updates stock activity.


CALGARY, Alberta--(BUSINESS WIRE)--June 2, 1997--Brigdon (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
 BRG BRG Bridge
BRG Bearing
BRG Bundesrealgymnasium (German: state secondary school)
BRG Bureau des Ressources Genetiques (France)
BRG Business Relations Group
BRG British Racing Green
BRG Best Regards
.) Brigdon Resources Inc. announced today that it has entered into an arrangement with Canadian Common shareholders and Canadian nominee nominee n. 1) a person or entity who is requested or named to act for another, such as an agent or trustee. 2) a potential successor to another's rights under a contract.  holders who own 99 or fewer Common shares to sell their holdings on the market free of brokerage or administrative costs administrative costs,
n.pl the overhead expenses incurred in the operation of a dental benefits program, excluding costs of dental services provided.
.

Under the arrangement to be administered by Montreal Trust Company of Canada, brokerage and administrative costs will be borne by Brigdon Resources INc. and shareholders will receive full value for their shares based on the average price received on all orders placed with a registered broker/dealer on the Toronto Stock Exchange Toronto Stock Exchange (TSE)

Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options.
 for execution on a given day, regardless of when any of such orders are executed.

The arrangement applies to registered shareholders as well as beneficial holders of odd lot holdings registered in the name of a nominee held as of the record date MAY 31, 1997. The start date for participation is 8:00 AM, June 2, 1997, Vancouver time.

Shareholders can expect to receive the arrangement documentation within a few days and have until 4:00 PM, AUGUST 30, 1997, VANCOUVER TIME to take advantage of the offer. -0- BRIGDON RESOURCES INC. Signed J. PHILLIP PIFFER, PRESIDENT

CONTACT: Montreal Trust Company of Canada

Shareholder Communications, 403/661-0222

888/661-5566
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 2, 1997
Words:211
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