Channel i Canada Inc. - An Announcement.MONTREAL--(BUSINESS WIRE)--April 4, 1997--CHANNEL I CANADA INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. (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. CNLI.) Channel i Canada Inc. ("the Company") is pleased to announce the appointment of Andre Rancourt as General Manager. Mr. Rancourt assumes his new position after making a comprehensive review of the Company's operations and profit potential on behalf of the Board of Directors. Andre Rancourt is an experienced business executive with a background in radio as the General Manager for Telemedia. At Cogeco TV, as the Sales Manager sales manager n → gerente m/f de ventas sales manager n → directeur commercial sales manager sale n → , member of the team for the presentation at the CRTC CRTC Canadian Radio-Television & Telecommunications Commission CRTC Combat Readiness Training Center CRTC Cathode Ray Tube Controller CRTC China Railway Telecommunications Center CRTC Cold Region Test Center CRTC Continuously Regenerated Trap Column to obtain the twin stick in Sherbrooke (CKSH Radio-Canada & CFKS Quatre Saisons). Mr. Rancourt's review has already identified opportunities to rationalize ra·tion·al·ize v. 1. To make rational. 2. To devise self-satisfying but false or inconsistent reasons for one's behavior, especially as an unconscious defense mechanism through which irrational acts or feelings are made to appear the Company's operations in Montreal and Sherbrooke resulting in projected annual savings of $100,000.00 to $125,000.00. He also identified additional steps, to be taken within the next 15 days, to secure new profit centers for the Company. Mr. Rancourt will be based in the Company's Head Office in Montreal, but a key priority will be to lead the Company's Sherbrooke operations to a position profitable market leadership. Issued and outstanding capitalization capitalization n. 1) the act of counting anticipated earnings and expenses as capital assets (property, equipment, fixtures) for accounting purposes. 2) the amount of anticipated net earnings which hypothetically can be used for conversion into capital assets. as at April 3, 1997 - 47,680,721 shares. -0- No stock exchange has reviewed or accepted responsibility for the adequacy or accuracy of the content of this news release. CONTACT: Channel i Canada Inc. Liette Marchand, 514/878-2815 Imarchan@channeli.com |
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