159585 Canada Inc. - Announcement.

MONTREAL--(BUSINESS WIRE)--Dec. 24, 1996--159585 CANADA Canada (kăn`ədə), independent nation (2001 pop. 30,007,094), 3,851,787 sq mi (9,976,128 sq km), N North America. Canada occupies all of North America N of the United States (and E of Alaska) except for Greenland and the French islands of -- 159585 Canada Inc., a private corporation controlled by Mr. Pierre Pierre (pēr), city (1990 pop. 12,906), state capital (since 1889) and seat of Hughes co., central S.Dak., on the east bank of the Missouri River, opposite Fort Pierre; inc. 1883. Somers A number of notable people have been named Somers.

William Somers, court jester to Henry VIII
Admiral Sir George Somers, Lyme Regis resident who founded Bermuda in 1609

, announces that it has acquired on December December: see month. 24, 1996, 800,000 common shares of Simard-Beaudry Inc. at $4.00 per share.

159585 Canada Inc. now holds 803,000 common shares of Simard-Beaudry Inc. which represents 11.64 percent of the total issued and outstanding shares. These shares are held by 159585 Canada Inc. for investment purposes.

CONTACT: 159585 Canada Inc., Montreal

Mr. Normand Bastien, 514/630-8921

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Publication:	Business Wire
Date:	Dec 24, 1996
Words:	84
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