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Crew Development Corporation: Financing.


VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 24, 1998-- Crew Development (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
:CRU.) (VSE See DOS/VSE.

VSE - Virtual Storage Extended
:CRU.) (FRANKFURT:KNC KNC Knowledge Navigation Center
KNC Kensey Nash Corporation
KNC Kawan Ng Cordero (Philippines: Flock of Lamb) 
.F) The Company announces that Crew Holdings Ltd. proposes to sell up to 1,500,000 shares of Crew Development Corp., through the Vancouver and/or Toronto Stock Exchanges Toronto Stock Exchange (TSE)

Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options.
, commencing February 26, 1998.

If these shares are all sold, Crew Holdings Ltd. will continue to hold 3,000,000 shares of Crew Development Corp.

John M. Darch, President

This News Release was prepared by the Board of Directors on behalf of Crew Development Corp. which is solely responsible for its contents.

EDITOR'S NOTE: There is an "at" symbol following "info" in the e-mail address below. This symbol may not appear properly in some systems.

CONTACT: Crew Development Corporation

John M. Darch, 604/681-8003 or 1-800-444-9284

604/662-3180 (FAX)

http://www.crewgroup.com

e-mail: info@crewgroup.com
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 24, 1998
Words:142
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