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COTT CORPORATION FILES PRELIMINARY PROSPECTUS

 MISSISSAUGA, Ontario, Feb. 17 /PRNewswire/ -- Cott Corporation of Mississauga today announced that it has filed a preliminary prospectus in certain Canadian provinces and a registration statement in the United States relating to an additional issue of 1,000,000 common shares in an underwritten public offering in Canada and the United States. In addition, the underwriters will be granted an option to purchase an additional 100,000 common shares to cover over-allotments.
 The underwriting group will include First Marathon Securities Limited in Canada and Oppenheimer & Co., Inc., First Marathon (U.S.A.) Inc. and Wessels, Arnold & Henderson in the United States.
 The company said that proceeds of the offering will be used for working capital and expansion of its bottling capacity.
 A registration statement relating to the common shares has been filed with the Securities and Exchange Commission but has not yet become effective. The common shares may not be sold nor may offers to buy the common shares be accepted in the United States prior to the time the registration statement becomes effective. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the common shares in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 -0- 2/17/93
 /CONTACT: Fraser D. Latta, vice chairman and chief operating officer of Cott Corporation, 416-672-1900/


CO: Cott Corporation ST: Ontario IN: SU: OFR

SM -- NY086 -- 7378 02/17/93 13:21 EST
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Publication:PR Newswire
Date:Feb 17, 1993
Words:263
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