Belzberg Financial Markets &News International Inc.Business Editors TORONTO--(BUSINESS WIRE)--Feb. 16, 2000 (CDNX CDNX See Canadian Venture Exchange (CDNX). :BELZ) Belzberg Financial Markets &News International Inc. (&uot;Belzberg Financial&uot;) announced today that it has received approximately $8,000,000 CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. in connection with the private placement of 344,000 Common Shares accompanied by 330,000 Share Purchase Warrants. The proceeds of this private placement will be used for general corporate purposes. Belzberg Financial is a leader in the field of global institutional trading. Its patented technology is presently used by major financial institutions in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada and Europe. Belzberg Financial's suite of products includes Intranet and Internet trading systems for institutional and soon for retail investors Retail Investor Individual investors who buy and sell securities for their personal account, and not for another company or organization. Notes: Retail investors buy in much smaller quantities than larger institutional investors. . |
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