	j m resources inc in merger agreement j m resources inc said it has uired a pct interest in dei uisition corp from interfirst venture corp sam b myers neomar resources inc and richard l morgan all of dallas for warrants to uire mln shares of j m stock and three mln dlrs of notes the warrants are exercisable at par value currently cts per share until march the company said if the warrants were exercised in full they would represent a pct interest in j m common stock it said amounts due under the notes are payable soleley from proceeds of the sale of securities by j m and non oil and natural gas revenues of dei j m said dei provides specialty insulation installation and asbestos removal services j m said all of its directors except jack e manning jr have resigned and myers and morgan were named to the board it said manning has resigned as president in favor of myers and will service as vice president in charge of oil and natural gas operations reuter 
