FOR FURTHER INFORMATION PLEASE CONTACT: Rainmaker Digital Pictures Corp. Malcolm Earle (604) 874-8700 1-800-616-4433 (Toll Free)
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NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS RNK Lists on TSE
FOR: RAINMAKER DIGITAL PICTURES CORP. ME SYMBOL: RNK APRIL 1, 1997 Rainmaker Digital Pictures Lists on the Toronto Stock Exchange VANCOUVER, BRITISH COLUMBIA--Rainmaker Digital Pictures Corp. ("Rainmaker") is pleased to announce that its common shares will commence trading on the Toronto Stock Exchange (TSE) at the opening of markets on Wednesday April 02, 1997 under the symbol "RNK". Rainmaker currently has 9,939,519 common shares issued and outstanding. Rainmaker will maintain its listing on the Montreal Stock Exchange, where it has traded since the Company originally went public in May of 1995. For the fiscal year ended December 31, 1996, total revenue increased to $16.1 million, or growth of 61 percent over the same period last year, and net earnings increased to $2.04 million or $0.22 per share. Rainmaker Digital Pictures provides post-production services to producers of feature films, television programs, and new media. The Company operates fully integrated digital facilities in two of North America's most vibrant filmmaking centres: Vancouver, British Columbia, and Los Angeles, California. Rainmaker's Los Angeles studio specializes in digital visual effects for the Hollywood film- making community. Rainmaker's Vancouver facility offers services including film-processing, film to video transfer, video editing, digital visual effects, computer animation, MPEG video compression and DVD interactive authoring.
Further Info: Contact Malcolm Earle, Investor Relations & Corporate Communications Toll free 1-800-616-4433 tel: (604) 872-6596 (Direct Line) |