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Clearly Canadian Beverage Corporation: British Columbia Securities Commission Notice of Hearing.


Business Editors

VANCOUVER, B.C.--(BUSINESS WIRE)--Nov. 3, 2000

Clearly Canadian This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article.  Beverage Corporation (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
:CCBC CCBC Community College of Baltimore County (Maryland)
CCBC Community College of Beaver County (Monaca, Pennsylvania)
CCBC Caerphilly County Borough Council (Wales, UK) 
) (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
:CLV (Constant Linear Velocity) Rotating a disk at varying speeds. By changing speed depending on which track is being accessed, the density of bits in each track can be made uniform. .) has been advised by Douglas Mason, the Company's President and Chief Executive Officer and a Director, that the British Columbia Securities Commission The British Columbia Securities Commission (BCSC) is a regulatory agency which administers and enforces securities legislation in the Canadian province of British Columbia. External links
  • Official site
  • About the BCSC
 has issued a Notice of Hearing dated October 31, 2000, making certain allegations against him.

Mr. Mason has categorically denied the allegations being made against him and has indicated that he will vigorously defend his position.

The allegations in the Notice of Hearing revolve around Mr. Mason's connection with a trust established and administered under the laws of the Island of Jersey. Mr. Mason has stated that his position is that his conduct has not contravened Canadian law, and specifically, any provision of the British Columbia Securities Act. Mr. Mason has further denied categorically that he has in any way acted in a manner that would have any improper effect on the market.

Based in Vancouver, B.C., Clearly Canadian is a leading producer of premium beverages, including Clearly Canadian(R) sparkling flavoured water, Clearly Canadian O(plus)2(R) and Tre Limone(TM), which are distributed extensively in the United States, Canada and numerous countries worldwide. Clearly Canadian also owns CC Beverage (U.S.) Corporation, a Washington State company, which produces and distributes Cascade Clear(R) and Clearly Canadian products in the United States and other countries as well as co-packing for other manufacturers' brands. CC Beverage also operates a home/office water delivery business in the U.S. Pacific Northwest. Additional information on Clearly Canadian and CC Beverage may be obtained on the world wide web at www.clearly.ca.

CLEARLY CANADIAN BEVERAGE CORPORATION

Bruce E. Morley, Chief Legal Officer

CLEARLY CANADIAN BEVERAGE CORPORATION is the registered holder of the trademark CLEARLY CANADIAN(R). CLEARLY CANADIAN BEVERAGE CORPORATION, and its wholly owned subsidiaries 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.
, manufacture, distribute and market CLEARLY CANADIAN(R), CASCADE CLEAR(TM), CLEARLY CANADIAN O(plus)2(R), TRE LIMONE(TM) and other flavoured and unflavoured beverages.
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Publication:Business Wire
Date:Nov 3, 2000
Words:332
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