VOL. XXXVIII

NO. 48

28-AUGUST-1995

Sudan

Arakis Delists From VSE; Shareholders Amend Financing Package

Following the decision on 22 August of the Vancouver Stock Exchange (VSE) andthe New York-based NASDAQ to halt trading of Canada's Arakis Energy Sharesbecause of questions raised by the ambiguity of the company's financing packagedeal with the Saudi-based Arab Group International (AGI), Arakis shareholdersheld an emergency 40-minute meeting on 24 August during which they agreed"in principle" to...