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Federal Energy Corporation - Update.


CALGARY, Alberta--(BUSINESS WIRE)--June 11, 1996--(Alberta Stock Exchange Alberta Stock Exchange

See Canadian Venture Exchange (CDNX).
: FEK FEK File Encryption Key
FEK Frequency Exchange Keying
 ) Federal Energy Corporation Limited is located in Calgary, Alberta and trades on the Alberta Stock Exchange Symbol "FEK".

The shares of FEDERAL ENERGY were halted March 29, 1996 pending filing of documentation with the Alberta Stock Exchange upon completion of a formal Agreement of property located in SOUTH SUMATRA South Sumatra or Sumatera Selatan is a province of Indonesia. It is on the island of Sumatra, and borders the provinces of Lampung to the south, Bengkulu to the west, and Jambi to the north. , INDONESIA with ATAPA MINERALS LIMITED of Toronto. The process to formalize the agreement on the Indonesia property has been long and complicated.

FEDERAL expects to conclude a formal agreement with ATAPA in the near future.

On May 15, FEDERAL started mailing out its Annual Report and Information Circular Information Circular

A document sent to shareholders outlining important matters to be discussed at the annual shareholders' meeting.

Notes:
Sent along with a proxy, the information circular may cover matters such as the election of the Board of Directors, possible
 material to its shareholders for FEDERAL's ANNUAL AND SPECIAL MEETING to be held at 10:00 A.M. June 21, 1996 in the Boardroom of Howard Mackie, Barristers and Solicitors at 1000, 400-3rd Avenue S.W. Calgary, Alberta.

The Alberta Stock Exchange has neither approved or disapproved the information contained herein.

CONTACT: Federal Energy Corporation Limited

Jeffrey D. Ross Ross , Sir Ronald 1857-1932.

British physician. He won a 1902 Nobel Prize for proving that malaria is transmitted to humans by the bite of the mosquito.
 

403/249-2989

403/249-7422 (FAX)
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 11, 1996
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