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Gold/Mining/Energy : SPECIAL SITUATIONS
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To: M. Merriam who wrote (23)6/30/1999 9:23:00 PM
From: Ciao   of 59
 
Finally;

TORONTO, July 1 /CNW/ - South China Industries (Canada) Inc. announced
that pursuant to reorganization approved at the Annual and Special Meeting of
the Shareholders held on June 18th, 1999 that, effective June 30th 1999:

- its corporate name has been changed to TRINORTH CAPITAL INC.;

- the 10,754,000 Multiple Voting Shares have been cancelled; and

- all of the remaining issued and outstanding shares of the Company
have been changed into Common Shares;

It is expected that the Common Shares of Trinorth Capital Inc. will
commence trading on the Toronto Stock Exchange under the symbol TRT at the
opening of business on or about Wednesday, July 7, 1999 in substitution for
the currently listed Subordinate Voting Shares of South China Industries
(Canada) Inc.

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