Bow Valley Forest Products Limited Announces Major Transaction.CALGARY Calgary (kăl`gərē), city (1991 pop. 710,677), S Alta., Canada, at the confluence of the Bow and Elbow rivers. The largest city in Alberta and the fastest-growing major city in Canada, Calgary is a corporate, transportation, and financial , Alberta--(BUSINESS WIRE)--May 8, 1997--Bow Valley Forest(Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). BOV.) Bow Valley Bow Valley is a valley located along the upper Bow River in Alberta, Canada. It may be named for its resemblance to an archer's bow. Parks Bow Valley Provincial Park (part of the Kananaskis park system) is established east of the Canadian Rockies in the arch of the Forest Products Limited (ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. :BOV) (the "Corporation") is pleased to announce that it has been approved for listing on The Alberta Stock Exchange on May 9, 1997. It is also pleased to announce that it has made an offer to all of the shareholders of Western Pine Shake and Lumber lumber, term for timber that has been cut into boards for use as a building material. The major steps in producing lumber involve logging (the felling and preparation of timber for shipment to sawmills), sawing the logs into boards, grading the boards according to Mill ("Western Pine") to purchase all of their shares in the capital of Western Pine. The consideration to be provided by the corporation will be one (1) common share in the capital of the corporation, at a deemed price of $0.20 per share, for each two (2) shares in Western Pine. The specific number of shares to be issued by the corporation will be determined upon further review of the business and will be subject to the approval of the Alberta Stock Exchange. This transaction is subject to shareholder and regulatory approval and the execution of formal documentation. Western Pine is a company which owns and operates a lumber mill located in the town of Cochrane For places named Cochrane, see . Cochrane is a surname of Scottish derivation. Introduction Cochrane is a Scottish surname that is found throughout the British Isles. The surname Cochrane is the 1,339th most common last name in the United Kingdom. In the U.K. , in the Province of Alberta. Western Pine produces value - added forestry products and has been operating since July of 1996. Western Pine currently employs 18 individuals. The proposed acquisition would be, in part, a non-arms' length transaction. Crossfield House Inc., a shareholder of the corporation, is also a shareholder of the target company. Michael Binnion and Thomas (language) Thomas - A language compatible with the language Dylan(TM). Thomas is NOT Dylan(TM). The first public release of a translator to Scheme by Matt Birkholz, Jim Miller, and Ron Weiss, written at Digital Equipment Corporation's Cambridge Research Laboratory runs Vukovich, both of whom are directors of the corporation, each own 50 percent of the issued and outstanding shares of Crossfield House Inc.. Russell Hammond, also a director of the corporation, also has an indirect interest in the target company. Conflicts, if any, will be subject to the procedures and remedies set forth in the Business Corporations Act (Alberta). In conjunction with this transaction, it is intended that Mr. Gordon Payne of Cochrane, Alberta Cochrane is a large town in the Canadian province of Alberta. The town is located 22 km west of the city of Calgary, along Highway 1A. With a population of 12,688 (2005), Cochrane is one of Alberta's largest towns[1] and one of the fastest growing communites in Canada. , be appointed general manager of the corporation. The current management of the corporation will otherwise remain the same following the completion of the proposed transaction. The corporation is a Junior Capital Pool corporation and the acquisition of Western Pine is intended to constitute the corporation's Major Transaction pursuant to Policy 4.11 of the Alberta Securities Commission and Circular No. 7 of the Alberta Stock Exchange. As such, the transaction is subject to the final approval of the Alberta Stock Exchange. -0- The Alberta Stock Exchange has neither approved nor disapproved of the contents of this press release. CONTACT: Bow Valley Forest Products Limited Mr. Michael Binnion, 403/ 777-1571 |
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