Alberta Stock Exchange Alberta issues active Beardmore issues

Wednesday close, August 27

Total volume of shares traded in Calgary this week was 5,547,800.

Ontex Resources of Toronto, which this week saw courtroom opponent Metalore Resources file its counter-suit in a dispute over ground in the Beardmore area of Ontario, traded at $2.50 compared to the $2.37 close a week ago. Total volume for the week was 123,000 shares.

Also actively exploring ground in the Beardmore area is Royal Oak Resources. Rights issued to shareholders of that company were listed in Calgary this week, with 500 changing hands at 1 cents . Six rights and 60 cents allows a resident of Alberta to subscribe for one unit consisting of a share and a warrant. And two warrants and 75 cents allows the holder to buy another share until January, 1987.

Royal Oak plans to use the proceeds, about $427,635, to explore a 19-claim property in Fulford Twp., three miles north of Geraldton, Ont. Some 1,800 shares of Royal Oak traded this week at 50 cents .