Cambior Receives Cdn $40.9 Million From The Exercise of Series B Warrants.Business Editors LONGUEUIL, Quebec--(BUSINESS WIRE)--Nov. 25, 2003 Cambior Inc. is pleased to announce that it received Cdn $40.9 million from the exercise of Series B warrants (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 .WT.B) that expired ex·pire v. ex·pired, ex·pir·ing, ex·pires v.intr. 1. To come to an end; terminate: My membership in the club has expired. 2. yesterday at 5:00 PM (Montreal time). Each warrant entitled en·ti·tle tr.v. en·ti·tled, en·ti·tling, en·ti·tles 1. To give a name or title to. 2. To furnish with a right or claim to something: its holder to purchase one common share of Cambior for a price of Cdn $3.00. Almost all (99%) of the issued warrants were exercised out of a total of 13.6 million warrants. As a result of the exercise of these warrants, the number of outstanding common shares of Cambior amounts to 225.7 million shares. The proceeds of this exercise will be added to working capital to fund future expansion growth of the Company. 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 TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension ) and American (AMEX AMEX See: American Stock Exchange ) stock exchanges under the symbol "CBJ". Cambior's warrant "CBJ.WT.C" trades on the TSX. |
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