WPCL gb4{aΑc "š\4Fxf;.5. i_nuHEp;E侊i _l.E}zkFu)"a XaUpMqr5׹6c:}CSۊ]#ɼ8f<$$y\'d/hw^,Im\OK%v%ŵ׷NsrZv Xm0ߎ{MHz"gE[Զ`_wd rb7NxCux # ^ΏLڏ v<3Rw i۱zK11`y8<u<殩9SEM%> Xy3I&[!0D[5Du cN؏y JO"f^c+ eh#’^ 0$ 0 0v0 0v 0 0 0J 0& 0 0 0 0) 0< 0NB 0a 0 0 0z 0) 0 0 0 0h 0U0 % 0 0 0Y 0 0 0v 0>$ 0b 0!! 0! 0" 0n# 0D$ 0$ 0% 0y& 0?' 0' 0( 0>) 0) 0* 0B+ 0, 0, 0- 0$. 0. 0/ 00 01 02 03 0zJ4 04 1r5 0w6.7 0:E< 0< = 0== 0F= 0P > 1p>?@*@ 0 AU0B 1CCnC 0F BTH#!qHNI^ Iw@I4II mII 0 Je KKV1 8Document[8]Document Style0..8` ..`   V$8Document[4]Document Style..   . V 8Document[6]Document Style8..  V 8Document[5]Document Style0..  V:8Document[2]Document Style   2A.3  Ԁ   V1 8Document[7]Document Style0..0` ..`   z` :Right Par[1]Right-Aligned Paragraph Numbers..  2I.3  Ԁ..0..zs B:Right Par[2]Right-Aligned Paragraph Numbers..` ..  2A.3  Ԁ..0` ..` VJ8Document[3]Document Style..   21.3  Ԁ   z :Right Par[3]Right-Aligned Paragraph Numbers..` ..`  ..P   21.3  Ԁ` ..` 0 .. z &:Right Par[4]Right-Aligned Paragraph Numbers..` ..`  .. ..   2a.3  Ԁ .. 0..z {j:Right Par[5]Right-Aligned Paragraph Numbers..` ..`  .. ..h..  2(1)3  Ԁ..0h..hz Ĵ:Right Par[6]Right-Aligned Paragraph Numbers..` ..`  .. ..h..h..  2(a)3  Ԁh..h0..z :Right Par[7]Right-Aligned Paragraph Numbers..` ..`  .. ..h..h....  2i)3  Ԁ..0..z :Right Par[8]Right-Aligned Paragraph Numbers..` ..`  .. ..h..h....p..  2a)3  Ԁ..0p..pVc08Document[1]Document Style  @..^    2I.3  Ԁ     Ԉ l= g:Technical[5]Technical Document Style..   2(1)3  Ԁ. l= :Technical[6]Technical Document Style..   2(a)3  Ԁ. l:%:Technical[2]Technical Document Style   2A.3  Ԁ   .. l7!:Technical[3]Technical Document Style   21.3  Ԁ   .. l6! ):Technical[4]Technical Document Style   2a.3  Ԁ   .. lE0 D:Technical[1]Technical Document Style    2I.3  Ԁ     .. l<a~:Technical[7]Technical Document Style..   2i)3  Ԁ. l<a:Technical[8]Technical Document Style..   2a)3  Ԁ. * `CG TimesXX`(ASETheAlbertaStockExchange THEALBERTASTOCKEXCHANGE 2100ASETower3005thAvenue,S.W.Calgary,AlbertaT2P3C4Be(ASCASC-Edmonton ALBERTASECURITIESCOMMISSIONAGENCY 21stfloor10025JasperAvenueEdmonton,AlbertaT5J3Z5Di,ASC-CASC-Calgary ALBERTASECURITIESCOMMISSION 400ASETower3005thAvenue,S.W.Calgary,AlbertaT2P3C4Z[6RoyalTrustRoyalTrustCompany RMTRUSTCOMPANY 600TheDomeTower3337thAvenue,S.W.Calgary,AlbertaT2P2Z3Xc(YSIYorkton Securities Inc. YORKTONSECURITIESINC. 4400CanterraTower4005thAvenue,S.W.Calgary,AlbertaT2P4H2N`.ChoiceChoice Software CHOICESOFTWARESYSTEMSLTD. Suite1600,7002ndStreet,S.W.Calgary,AlbertaT2P2W1b:RMZ - ClosinClosing for LettersWetrusttheenclosedissatisfactoryandifyouhaveanyquestionsorcommentswithrespecttotheabovepleasedonothesitatetocallthewriter.Yourstruly, OGILVIEANDCOMPANYR.MICHAELZWACK RMZ:dssFs,PetwaPetwa Canada PETWACANADALTD. 412023rdStreet,N.E.Calgary,AlbertaT2E6W9 Attention:Mr.JamesC.Robinson TY.PlainsPlains Perforating PLAINSPERFORATINGLTD. Suite8604005thAvenue,S.W.Calgary,AlbertaT2P0L6V{:ChampionBearChampion Bear CHAMPIONBEARRESOURCESLTD. 38057AStreet,S.W.Calgary,AlbertaT2T2Y8 Attention:Mr.RichardD.Kantor D2StockmenStockmen STOCKMENRESOURCESCORP. Suite6409107thAvenue,S.W.Calgary,AlbertaT2P3N8 Attention:Mr.PeterMcKeown P.VentexVentex Resources VENTEXRESOURCESCORPORATION 2150,8016thAvenue,S.W.Calgary,AlbertaT2P3W2 Attention:Mr.JohnO.MacBeath FO*DSWKDSWK Holdings DSWKHOLDINGSLTD. #200,6254thAvenue,S.W.Calgary,AlbertaT2P0K2b4Data TraxData Trax Systems Inc. DATATRAXSYSTEMSINC. c/oSuite16007002ndStreet,S.W.Calgary,AlbertaT2P2W2 Attention:Mr.RileyWight Fs.KenwayKenway Mack KENWAYMACKSLUSARCHUK&STEWART CharteredAccountants220,33311thAvenue,S.W.Calgary,AlbertaT2R1L9h^:BC Sec CommiBCSecuritiesCommission BRITISHCOLUMBIASECURITIESCOMMISSION 1100,865HornbyStreetVancouver,B.C.V6Z2H4JP.BroderDonald Broder MR.DONALDBRODER 30PennyslvaniaAvenueUnit8Concord,OntarioL4K4A5T\:Calgary HoseCalgary Hose CALGARYHOSEHEADQUARTERSLTD. 12,111648thAvenue,S.E.Calgary,AlbertaT2G2A7Z[2HawkwoodHawkwood Industries HAWKWOODINDUSTRIESINC. Suite20032310thAvenue,S.W.Calgary,AlbertaT2R0A5JU,McAraMcAra Printing McARAPRINTINGLIMITED 105,250712thStreet,N.E.Calgary,AlbertaT2E7L5XX:Montreal TruMontreal Trust MONTREALTRUSTCOMPANYOFCANADA 4118thAvenue,S.W.Calgary,AlbertaT2P1E7Ta0MurwellMurwell Resources MURWELLRESOURCESLTD. 303DominionHouse6658thStreet,S.W.Calgary,AlbertaT2P3X7hV:Nicholson MiNicholson Micro Centre NICHOLSONMICROCENTRELIMITED 5126thStreet,S.W.Calgary,AlbertaT2P1K3vv:North Americ North American Technologies' NORTHAMERICANTECHNOLOGIESINC. PointeSouthExecutiveBuilding5201SouthMissionMr.Pleasant,MIUSA48858NN,OpscoOpsco Industries OPSCOINDUSTRIESLTD. 2601CentreAvenueEastCalgary,AlbertaT2A2A1JR(STNSTN Incorporated STNINCORPORATED c/oP.O.Box22591166LondonRoadSarnia,OntarioN7T7L7BH*MottDwight Mott MR.DWIGHTMOTT c/o405riverviewDriveChatham,OntarioN7M5J5X:AilsaBreretoAilsa Brereton MS.AILSABRERETON c/oSuite6409107thAvenue,S.W.Calgary,AlbertaT2P3N8DearMs.Brereton: Re:.. StockmenResourcesCorp. `q8WinterthermWintertherm Systems WINTERTHERMSYSTEMSINC. 425483StreetEdmonton,AlbertaT6E5P5 Attention:CurtisLong PK,ManarManar Canada Inc. MANARCANADAINC. c/o6315DalsbyRd.,N.W.Calgary,AlbertaT3A1M6n%0ClosingResolution Closing (Directors).. ` ..WE,theundersigned,beingalloftheDirectorsofd  e  herebypass,adopt,approveandconsenttotheforegoingResolutionsoftheDirectorsoftheCorporation,effectiveasofthed  e  ހdayofd  e  ,1992.X.AbacanAbacan International ABACANINTERNATIONALRESOURCEMANAGEMENTINC. 1000McDougallPlace8084thAvenue,S.W.Calgary,AlbertaT2P3E8 Attention:WadeCherwayko RS6Earl LewisEarl B. Lewis EARLB.LEWIS c/oSuite9807004thAvenue,S.W.Calgary,AlbertaT2P3J4R& 8BibliogrphyBibliography0....jD4Tech InitInitialise Technical Style( > ( CuyTechnicalTechnical Document Style11.11.1.11.1.1.11.1.1.1.11.1.1.1.1.11.1.1.1.1.1.11.1.1.1.1.1.1.1x?Ou2PleadingHeader for numbered pleading paper @  A(UKUS.,   XXXXX?RB'*dE*??RB'*dE*?\\1\\2\\3\\4\\5\\6\\7\\8\\910111213141516171819202122232425262728  .+(2$ Q[!UKUS.,  TRX3'X3' Letter3' Letter3'T   fE2Doc InitInitialise Document StyleD( H   (EFG($0 ($0 0 (($0 0 0   A_ekqwDocumentDocument StyleI.1.A.a.(1)(a)i)a) _ COMMENT   PleasenotethatenvelopetoCommissionshouldhave ContinuousDisclosure putonit.   EnvelopetoExchangeissent Attention:Filings   I L'UKUS.,  _^I3_XXM^I3__^I3ONTARIOSECURITIESCOMMISSION X Page  1  (2$ Q[!UKUS.,  TRX3'X3' Letter3' Letter3'T   ) `CG Times  CRight ParRight-Aligned Paragraph NumbersI.A.1.a.(1)(a)i)a)#|w * `CG TimesXXw PE37XP) `CG Times^^E PE37^P) `CG Times&&m PE37&P) `CG TimesY PE37P([$UKUS.,  TRX3'X3' Letter3' Letter3'T   dBond Printer (South),,,,,,05l$ {[[[EEӀM}($ U(3X;$ Q[!UKUS.,  TRX3'X3' Letter3' Letter3'T     [X;)UKUS.,  _   ` , ,XX.F\6I:\MRZ\PEARLHLD\KCR1573.WPDFI:\MRZ\PEARLHLD\KCR1573.WPD/  Q[!UKUS.,  TRX3'X3' Letter3' Letter3'T   _J$ = K   &O%XXM&O%%&O  XXM%M&OPEARLRIVERHOLDINGSLIMITED#M&O%Mx#  X Suite830,4072ndStreetS.W.   Calgary,AlbertaT2P2Y3 <     "UK ,  \ March12,1998!  March9,_1998_    ONTARIOSECURITIESCOMMISSION  H  1800,20QueenStreetWestToronto,OntarioM5H3S8 Attention:ExecutiveDirector    DearSir: Re:  PearlRiverHoldingsLimited(the"Corporation") h   MATERIALCHANGEREPORTUNDERSECTION75 D  Thisletterisintendedasastatementsettingforthcertainmattersthatmaybeamaterialchangeinthe  affairsofPearlRiverHoldingsLimited(the"Corporation").Forconvenience,thisletterisitemizedinthesamemannerasForm27oftheSecuritiesAct(Ontario).Concurrentwiththisfiling,thisletter P isbeingfiledwiththeCanadianDealingNetworkInc.,beingtheonlyfacilityonwhichtheCorporation'ssharesarelisted.   Item1ReportingIssuer  $  PearlRiverHoldingsLimited  x 830,4072ndStreetS.W.Calgary,AlbertaT2P2Y3 Item2DateofMaterialChange ThematerialchangesoccurredonoraboutMarch6,1998 |$%  Item3PublicationofMaterialChange  !4&' PressReleasewasissuedonMarch9,1998,byCanadianCorporateNews,Calgary,Alberta. Item4SummaryofMaterialChange  %)+ TheCorporationhasannouncedthat_Nacional_Ԁde_Aceros_Ԁy_Plasticos_,_S.A._Ԁde_C.V._ԀofMexicohassubscribedfor5,500,000commonsharesissuedbytheCorporationpursuanttoaprivateplacement. Item5FullDescriptionofMaterialChange T)-0  &O%%M&OTheCorporationhasannouncedthat _Nacional_Ԁde_Aceros_Ԁy_Plasticos_,_S.A._Ԁde_C.V._ #M&O%%&OC #&O%%M&OԀofMexicohas  +/2 subscribedfor5,500,000commonsharesoftheCorporationatapriceof_CDN_$0.3636pursuanttoaprivateplacementforgrossproceedsof_CDN_$2,000,000.Priortotheprivateplacement,theCorporationhadatotalof22,246,426issuedandoutstandingcommonshares.Followingtheclosingoftheprivateplacement,theCorporationwillhave27,746,426issuedandoutstandingcommonshares, ofwhich5,500,000or19.82percentwillbebeneficiallyownedby_Nacional_Ԁde_Aceros_Ԁy_Plasticos_, X/37= _S.A._Ԁde_C.V._ԀAlso,followingtheclosingoftheprivateplacement,Mr.JuanAlberto_Autrique_ԀofSanLuisPotosi,_SLP_,Mexico,willbeappointedtotheBoardofDirectorsoftheCorporation. #M&O%%&Oz # Item6RelianceofSection75(3)oftheSecuritiesAct(Ontario)   N/A Item7SeniorOfficer ThenameofaSeniorOfficeroftheCorporationwhoisknowledgeableaboutthematerialchangeand    whocanbecontactedbytheCommissionis: Mr.CaseyChan P   Suite830,4072ndStreetS.W. h,  Calgary,AlbertaT2P2Y3phone:(403)5430063fax:(403)5430069Theforegoingaccuratelydisclosesthematerialchangereferredtoherein. DATED this11thdayofMarch,1998. H  Yourstruly, PEARLRIVERHOLDINGSLIMITED | Per:0    CaseyChan:    h      p  L8"8"    CaseyChan,ChiefExecutiveOfficer  ( M %M&Occ:  CanadianDealingsNetworkInc. | ]  Attention:Filings