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CanFibre Secures Contracts for 10 Year Supply of Waste Wood for Toronto and Santa Clara MDF Plants.


VANCOUVER, British Columbia--(BUSINESS WIRE)--July 12, 1995--The CanFibre Group Ltd. (the "Company") is pleased to announce that it is now in receipt of executed contracts in a bankable bank·a·ble  
adj.
1. Acceptable to or at a bank: bankable funds.

2. Guaranteed to bring profit: a bankable movie star.
 format guaranteeing supply of suitable waste wood to CanFibre's proposed urban MDF (1) (Main Distribution Frame) A wiring rack that connects outside lines with internal lines. It is used to connect public or private lines coming into the building to internal networks.  plants to be located in Santa Clara, California Santa Clara, California (IPA: /ˌsæntəˈklærə/) , founded in 1777 and incorporated in 1852, is a city in Santa Clara County, in the U.S. state of California.  and Toronto, Ontario.

The supply contracts all have ten year terms with fixed maximum prices and/or minimum revenues throughout the term and guarantees on consistency of fibre quality.

The common shares of the Company are quoted through the facilities of the Canadian Dealing Network Canadian Dealing Network (CDN)

The organized OTC market of Canada. Formerly known as the Canadian Over-the-Counter Automated Trading System (COATS), the CDN became a subsidiary of the Toronto Stock Exchange in 1991.
 in Toronto under the symbol "CFGL CFGL Community Foundation of Greater Lakeland (Lakeland, FL)
CFGL Configuration List
."

The CanFibre Group Ltd. is listed on the Canadian Dealing Network, symbol: CFGL and on the United States O.T.C. Bulletin Board, symbol: CNFBF. -0-

Note to Editors: The Canadian Dealing Network neither approves nor disapproves the contents of the News Release.

CONTACT: CanFibre

800/661-0288

or

US Corporate Communications

800/680-4940
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 12, 1995
Words:153
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