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CLEARLY CANADIAN BEVERAGE CORP. NAMES BEAR, STEARNS & CO. INC. AS FINANCIAL ADVISOR

 VANCOUVER, British Columbia, June 3 /PRNewswire/ -- Clearly Canadian Beverage Corp. (NASDAQ: CLCDF; Vancouver: CLV) today announced it has retained Bear, Stearns & Co. Inc. to serve as its financial advisor.
 Under the agreement, Bear, Stearns will assist Clearly Canadian in connection with general investment banking services as required by the company from time to time. Terms of the agreement were not disclosed.
 Douglas L. Mason, Clearly Canadian's president and chief executive officer, said, "The company's rapid growth over the recent years has placed it in a position to pursue a wide range of opportunities on an international scale. We look to Bear, Stearns to assist us in evaluating potential transactions and in related advisory capacities, as well as to help us explore new areas of growth for building shareholder value."
 Clearly Canadian Beverage Corp. produces and markets Clearly Canadian(R), a line of natural mineral waters and flavored sparkling water beverages. Through distribution agreements, Clearly Canadian(R) is sold throughout the United States, Canada, Japan, Great Britain and Ireland.
 -0- 6/3/93
 /EDITOR'S NOTE: Clearly Canadian Beverage Corp. is the registered holder of the trademark "Clearly Canadian(R)."
 /CONTACT: Corporate Communications of Clearly Canadian Beverage, 604-683-0312; or Roger Pondel or Mark Brand of Pondel Parsons & Wilkinson, 310-207-9300, for Clearly Canadian/
 (CLCDF)


CO: Clearly Canadian Beverage Corp.; Bear, Stearns & Co. Inc. ST: British Columbia IN: FOD SU:

JL-BP -- LA017 -- 4940 06/03/93 11:30 EDT
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Publication:PR Newswire
Date:Jun 3, 1993
Words:235
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