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Canadian Crew Energy - Update on Options.


VANCOUVER, BC--(BUSINESS WIRE)--DECEMBER 18, 1995--CANADIAN CREW ENERGY (PACIFIC STOCK EXCHANGE: KNC KNC Knowledge Navigation Center
KNC Kensey Nash Corporation
KNC Kawan Ng Cordero (Philippines: Flock of Lamb) 
.P STUTTGART STOCK EXCHANGE: KNC.SG TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
, VSE See DOS/VSE.

VSE - Virtual Storage Extended
: KNC ) The Company announces that the price has been reduced to $1.35 per share and the expiry date extended to December 18, 2000 for 597,500 outstanding options.

In addition, the Company has granted an additional 400,000 options to employees, at an exercise price of $1.35 per share, with an expiry date of December 18, 2000, subject to regulatory approval. -0- John M. Darch President

CONTACT: John M. Darch

(604) 683-7585

1-800-444-9284 (U.S. Toll Free)

(604) 662-3180 (Fax) REPEATS: New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 212-575-8822 or 800-221-2462; Boston 617-236-4266 or

80
COPYRIGHT 1995 Business Wire
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Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 18, 1995
Words:113
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