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Gold/Mining/Energy : Footmaxx YFT on CDNX

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To: Cush who wrote ()9/23/1999 11:50:00 AM
From: Cush   of 64
 
More news. New President appointed.
Received this through Canada StockWatch.

Footmaxx appoints Lenny Simak president and CEO
Footmaxx Holdings Inc FTMX
Shares issued 34,766,224 Sep 21 close $0.40
Wed 22 Sept 99 News Release
Mr. John Fowler reports
Lenny Simak has been appointed to the position of president and chief
executive officer, effective Sept. 27, 1999.
Mr. Simak comes to Footmaxx from Nestle, where he spent the last three
years as general manager of its Canadian and U.S. medical nutrition and
foods business. He will take over from John R. (Ted) Kennedy who will
continue his association with Footmaxx as vice-chairman and as a director
of the company.
Mr. Kennedy's assignment will be to develop the company's international
strategy and agenda. Dr. Glenn Copeland will continue to be actively
involved in the business as founder and chairman.
Footmaxx continues to be very enthusiastic about the future of the company
in both the North American and international markets. The business
(currently $17-million annualized sales) continues to grow rapidly.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com
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