Business Services Industry

REPEAT/X-Cal Resources Announces Agreement With HSBC Securities

Business Wire, July 8, 1998

VANCOUVER, BRITISH COLUMBIA--(BUSINESS WIRE)--July 8, 1998-- X-Cal Resources (TSE:XCL.) X-Cal Resources Ltd. and HSBC Securities have entered into an agreement which appoints HSBC Securities as exclusive financial advisor to the Company.

HSBC Securities is part of the HSBC group, one of the world's largest banking and financial service organizations.

X-Cal Resources Ltd. and HSBC Securities will work together to enhance shareholder value. Financing, fairness opinions and general business assistance are covered by the agreement.

Note: X-Cal Resources Ltd. can be referenced through the Standard & Poors Directory. The 1997 Annual Report is available through X-Cal Resources Ltd.

    CONTACT:  X-Cal Resources Ltd.
               Shawn Kennedy, 604/662-8245
               604/688-7740  (FAX)

COPYRIGHT 1998 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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