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Cambior Inc.: Jipangu Inc. Divesture.


Business Editors

LONGUEUIL Longueuil, city (1991 pop. 129,874), S Que., Canada, on the St. Lawrence River opposite Montreal. It is a residential and industrial suburb of Montreal. It annexed Montreal South in 1961, and merged with the city of Jacques-Cartier in 1969. , Quebec--(BUSINESS WIRE)--Feb. 24, 2004

Cambior Inc. (AMEX AMEX

See: American Stock Exchange
: CBJ CBJ Columbus Blue Jackets (NHL team)
CBJ Central Bank of Jordan
CBJ Conflict-Directed Backjumping
CBJ Circuit Board Jack
CBJ Code-Breakers Journal
CBJ Class Broker for Java
CBJ Color Bubble Jet
)(TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
:: CBJ) has been advised today that Jipangu Inc. has sold 10,422,183 common shares of Cambior Inc. and has monetized its remaining 23,000,000 shares of Cambior through the sale of exchangeable debentures. The transactions are scheduled to close on February 27, 2004.

Cambior Inc. is an international gold producer with operations, development projects and exploration activities throughout the Americas. Cambior's shares trade on the Toronto (TSX) and American (AMEX) stock exchanges under the symbol "CBJ". Cambior's warrants (CBJ.WT.C) trade on the TSX.
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Publication:Business Wire
Geographic Code:1CANA
Date:Feb 24, 2004
Words:101
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