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   Gold/Mining/EnergySt. Genevieve Resources (SGV.T & SGV.M)


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To: philip trigiani who wrote (96)12/27/1997 3:37:00 AM
From: SirVinny
   of 140
 
which stock is the best buy sgv or kwg?

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To: SirVinny who wrote (97)12/29/1997 8:43:00 AM
From: philip trigiani
   of 140
 
Sgv is probably the better buy, since PG owns 16%. SGV will probably take a chunk of KWG/EAG in exchange for the funds transferred to KWG for the EAG russian project. KWG will sell off SPQ to raise working capital. IMHO

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To: philip trigiani who wrote (98)1/15/1998 10:54:00 PM
From: Perry
   of 140
 
Anyone,

Is SGV under or just restructuring? If still trading where can I obtain quote? Thx.

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To: Perry who wrote (99)1/15/1998 11:01:00 PM
From: kmax
   of 140
 
perry it trades over the counter the symbol is sgve last trade .08cents

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To: kmax who wrote (100)1/16/1998 12:03:00 PM
From: Perry
   of 140
 
Thx. Can I access quotes on the net?

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To: Perry who wrote (101)1/16/1998 7:51:00 PM
From: kmax
   of 140
 
Yes you can Perry just go to canada stockwatch and type that in.You can not get the bid and the ask because of what has happened (delisted from the t)

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To: Walter who wrote ()2/15/1998 2:31:00 AM
From: Walter
   of 140
 
Anybody know if sgv or kwg have a new website?

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To: Walter who wrote (103)2/17/1998 12:02:00 PM
From: philip trigiani
   of 140
 
No. 04-SGV-02

ST. GENEVIEVE RESOURCES LTD.
ME/TSE : SGV
CDN : SGVE

ST. GENEVIEVE REACHES AGREEMENT WITH GENOIL

MONTREAL, QUEBEC - February 13, 1998 - St. GeneviŠve Resources Ltd. ("SGV") has reached an agreement with Genoil Inc. ("Genoil") for the repayment of the $5.2 million debt (the "Debt") owed by SGV. The Debt will bear interest at prime plus 1% and all outstanding principal will be due and payable in full no later than April 1, 1999. The Debt will be guaranteed by 5.28 million shares of Genoil owned by SGV.

This agreement, subject to a due diligence, has been arrived at in the context of a refinancing of Genoil through a major equity investment by an arm's length independent oil and gas company by way of a share subscription for 16,845,501 shares of Genoil at a price $0.20 per share, for total proceeds of $3,669,100.20. In connection with this refinancing, SGV has granted the investor an 18 month option to purchase the 5.28 million shares of Genoil owned by it at a price of $1.00 per share, although SGV shall retain the right to sell such shares on the market, at a minimum price of $1.00 per share. In all cases, the proceeds of such sale will be applied towards the repayment of the Debt.

Furthermore, SGV and a second industry partner have reached an agreement with Genoil whereby they could earn the following farm-in rights :

I. the right to earn up to a 35% interest in Blocks 19 and 20, in consideration of the payment of up to 35% of historical costs on such Blocks; and

II. the right to earn up to a 10% interest in Blocks V, VI and VII, in consideration of the payment of up to 20% of the cost of a new well to be drilled on such Blocks.

This transaction is subject to the approval of regulatory authorities and other interested parties.

SGV is a mining exploration company currently trading (without quotation) on the Canadian Dealing Network under the symbol SGVE.

- 30 -

Information : Jacques Rossignol
Lapointe Rosenstein
Tel : (514) 925-6336

NO REGULATORY AUTHORITY HAS APPROVED NOR DISAPPROVED
THE CONTENT OF THIS PRESS RELEASE

** restructuring plan to be voted upon by creditors on February 26,1998 in Montreal.

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To: philip trigiani who wrote (104)2/17/1998 9:50:00 PM
From: MEAN DEAN
   of 140
 
Off topic: I went and started a Genoil thread, since the companies have apparently parted ways I thought maybe it was time for it. Please post all the important issues regarding Genoil there also. thanks
M.D

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To: MEAN DEAN who wrote (105)2/21/1998 2:39:00 PM
From: philip trigiani
   of 140
 
Attention Business/Financial Editors:

ST. GENEVIEVE RESOURCES LTD AND KWG RESOURCES INC. POSTPONE CREDITORS MEETING

MONTREAL, Feb. 20 /CNW/ - St. GeneviŠve Resources Ltd. (''SGV'') and KWG
Resources Inc. (''KWG''), (collectively, the ''Companies'') announce that the
Superior Court of Quebec has granted permission to the Companies to postpone
the meeting of creditors in accordance with the ''Companies' Creditors
Arrangement Act'' (the ''CCAA''), in order to allow the Companies more time to
obtain all necessary approvals related to completing its restructuring plan
and proposed rights offering.
Currently, the Companies are scheduled to submit a formal plan to their
creditors and to hold a meeting of creditors on April 30, 1998.
St. GeneviŠve Resources Ltd. and KWG Resources Inc. are mining
exploration companies currently trading (without quotation) on the Canadian
Dealing Network under the symbols SGVE and KWGR.

NO REGULATORY AUTHORITY HAS APPROVED NOR DISAPPROVED
THE CONTENT OF THIS PRESS RELEASE
-0- 02/20/98

For further information: Jacques Rossignol, Lapointe Rosenstein, (514) 925-6336

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