Canadian Hydro Developers Files Preliminary Prospectus.CALGARY, ALBERTA--(BUSINESS WIRE)--Nov. 5, 1997--CDN HYDRO DEV.(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :KHD KHD Klöckner-Humboldt Deutz AG (Germany) .) (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :CHDVF) CANADIAN HYDRO DEVELOPERS Canadian Hydro Developers Inc. TSX: KHD is a Canadian company that operates 12 hydroelectric power sites, 4 wind power sites and one biomass power site in Canada. Canadian Hydro Developers is the Canadian leading supplier of EcoLogo certified power from environmentally sounds , INC. announces that it has filed a preliminary prospectus in the provinces of Alberta, British Columbia, Ontario and Quebec to qualify the distribution of Common Shares from treasury. The number of shares to be distributed and the issue price per share will be determined in consultation with the agents Whalen, Beliveau and Associates Inc., of Montreal, and Jennings Capital Inc., of Calgary. Pricing will be determined in the context of the market at the time of filing the final prospectus. Canadian Hydro Developers, Inc. is an independent electric power producer with six hydroelectric plants operating in Alberta, British Columbia and Ontario. Canadian Hydro's common shares are listed on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. and trade under the symbol "KHD". -0- This information has neither been approved or disapproved by the Toronto Stock Exchange. CONTACT: Canadian Hydro Developers, Inc. John Keating, 403/ 298-0251 Tom Boychuk, 604/ 681-7610 1-800-557-1545 (Toll Free) Internet: http://www.canhydro.com |
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