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Briggand Energy Closes Portion of Offering.


CALGARY Calgary (kăl`gərē), city (1991 pop. 710,677), S Alta., Canada, at the confluence of the Bow and Elbow rivers. The largest city in Alberta and the fastest-growing major city in Canada, Calgary is a corporate, transportation, and financial , Alberta--(BUSINESS WIRE)--Jan. 13, 1997--Briggand Energy Corp. ("the Company") announces that it has met and closed its offering on December December: see month.  31, 1996, raising $914,600.

The Company however, wishes to advise the "A Unit" portion of the issue (equity) can remain open until February February: see month.  24, 1997. Interested parties should contact Jim Hartwell of Canaccord Capital Corporation by phoning 403/296-2600.

The funds acquired to date will allow the Company to proceed with its program in the Virgo-Zama Lake area of Alberta. The Company is currently reviewing a number of financing and corporate opportunities. It is the intention of the Company to apply for a listing on the Alberta Stock Exchange Alberta Stock Exchange

See Canadian Venture Exchange (CDNX).
 upon final closing.

CONTACT: Briggand Energy Corp.

Larry Blonde, 403/205-3053
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:Jan 13, 1997
Words:123
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