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CANADIAN FROBISHER RESOURCES LTD. - ANNOUNCES TORONTO STOCK EXCHANGE LISTING

CANADIAN FROBISHER RESOURCES LTD. - ANNOUNCES TORONTO STOCK EXCHANGE
 LISTING
 CALGARY, Oct. 1 /CNW/ - Canadian Frobisher Resources Ltd. announces that the company's common shares have been approved for listing on the Toronto Stock Exchange.
 The Common Shares of Canadian Frobisher will commence trading on The Exchange at the opening on Monday, October 5, 1992 under the symbol CDF.
 Canadian Frobisher is a natural gas exploration and production company, based in Calgary, Alberta. The Company markets gas under long term contract arrangements, principally to customers in the United States.
 For the six months ended June 30, 1992, Canadian Frobisher produced 5.3 million cubic feet of natural gas per day and 25 bbls of oil and natural gas liquids per day. The average price received for its natural gas was $1.42 per million cubic foot. The Company reported funds flow from operations of $902,000 or $0.13 per share and earnings of $369,000 or $0.05 per share.
 THE VANCOUVER STOCK EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED THE INFORMATION CONTAINED HEREIN.
 Copies of the Company's annual report, quarterly reports and additional information may be obtained by contacting: R.W. Lamond, President, or; C.A. Teare, Executive Vice President, Canadian Frobisher Resources Ltd., (403) 265-0270
 (CDF.)
 -0- 10/01/92


CO: CANADIAN FROBISHER RESOURCES LTD. IN: OIL ST: -- c0081 -- X017 10/01/92
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Publication:PR Newswire
Date:Oct 1, 1992
Words:223
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