Chai-Na-Ta Corp. Retains Sutro & Co. Inc. as Exclusive Investment Banker.LANGLEY, British Columbia--(BUSINESS WIRE)--Nov. 1, 1995-- Chai-Na-Ta Corp. (the "Company") (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CCCFF, TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : CC) is pleased to announce that it has retained San Francisco based Sutro & Co. Incorporated ("Sutro") to provide general investment banking services and to act as the company's exclusive financial advisor. Sutro, founded in 1858, and a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of John Hancock Financial Services, will advise and assist the Company in exploring financing opportunities for its future growth. Chai-Na-Ta's President and C.E.O., Gerry Gill states, "The Company is positioning itself to take advantage of the global opportunities available in the fast growing health food industry. With our strategic alliances in place, we are well positioned to expedite our vertical integration and value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. programs. Therefore, we are pleased to have retained such a prominent company as Sutro to act as our financial advisor. Their expertise will assist us in accessing the U.S. capital markets and investment community." Chai-Na-Ta Corp., through its subsidiaries, is the world leader in the cultivation of ginseng ginseng (jĭn`sĕng), common name for the Araliaceae, a family of tropical herbs, shrubs, and trees that are often prickly and sometimes grow as climbing forms. root and a worldwide marketer of ginseng value-added products. CONTACT: Chai-Na-Ta Corp. Gerry Gill, Russell Vatcher, 604/533-8883 800/406-7668 Barretto Pacific Corp. Landon Barretto, Adele Lang, 206/583-8370 |
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