Ced-Or Corporation: Appointment New Member of its of Directors Board.MONTREAL -- Ced-Or Corporation (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:COQ) ("Ced-Or") is pleased to announce the appointment of Mr. Alain Cossette as new member of its Board of Directors as well as member of the one of its subsidiary, Ced-Or Forest Products Inc., which is going to finalize fi·nal·ize tr.v. fi·nal·ized, fi·nal·iz·ing, fi·nal·iz·es To put into final form; complete or conclude: "They have jointly agreed ... it value-added and cedar OSB OSB abbr. Order of Saint Benedict mill project in Bearn, Temiscamingue. Mr. Cossette is actually an important shareholder and manager of the company "Les Placements AL-VI Inc." ("AL-VI"); this one is controlled by members of the Cossette family having been the main shareholders of a company owing three OSB mill in Quebec; AL-VI is also an important Ced-Or shareholder. The AL-VI private company has signed with Ced-Or, on August 10th 2004, an agreement in principle confirming it will invest up to $7.75 Million in the value-added and cedar OSB mill project in Temiscamingue as announced in a previous press release. Mr. Cossette has also been acting as President of three private companies in which he was also the main shareholder; those ones were specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. in wood products transportation: Manutention Chambord Inc., Manutention Bois Francs Inc. and a number company.He has been also the main shareholder of a finger-jointing company in Abitibi, function which fits perfectly with the Ced-Or Sawmill sawmill, installation or facility in which cut logs are sawed into standard-sized boards and timbers. The saws used in such an installation are generally of three types: the circular saw, which consists of a disk with teeth around its edge; the band saw, which Inc. subsidiary which is specialized in that field of activities. His varied experience will be profitable to Ced-Or in its different projects. Ced-Or common shares trade on the TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. The TSX Venture Exchange is not responsible in any way whatsoever for the authenticity or accuracy of this release. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion