Churchill (CUQ), PE of 3! Message Board

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Gold/Mining/Energy : Churchill (CUQ), PE of 3!

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To: Gulo who wrote (182)	1/13/2000 1:31:00 PM
From: Far Side	Read Replies (1) of 264

News - CUQ awarded $29 Million of Construction Work CHURCHILL CORP ("CUQ-TV") - Awarded $29 Million of Construction Work The Churchill Corporation is pleased to announce that its subsidiaries have recently been awarded several new construction contracts with an aggregate value in excess of $29 million. Stuart Olson Construction has been awarded a $3 million contract to convert the former Eaton's store in the West Edmonton Mall to a Zellers store and a $3.5 million contract to modify and expand the Serca Food Service freezer and distribution facility in Edmonton. Stuart Olson has also been awarded contracts in Calgary to build the Webber Academy Foundation School for $6.5 million and to build the Garrison Curling Club for $2 million. In addition, Stuart Olson will upgrade and renovate the Empire Landmark and the Canyon Court hotels in the lower mainland of British Columbia for $3.5 million and $1.5 million, respectively. Triton Projects has been awarded mechanical construction contracts of $6 million on an enhanced oil recovery project by PanCanadian Resources, a gas plant expansion for Chevron and a compressor station installation for Berkley Petroleum. Northern Industrial Insulation has been awarded $3 million of thermal and acoustical insulation contracts at an Amoco Petroleum gas processing plant at Empress, Alberta and at Nova Chemicals ethylene operations at Joffre, Alberta. Hank Reid, Churchill's President and CEO, is very pleased with these project awards. "The award of these contracts to each of our construction subsidiaries reflects the strength and diversity of our business as Churchill continues to benefit from the strong construction market in western Canada." The Churchill Corporation is a western Canadian commercial and industrial construction corporation with annual revenue in excess of $200 million. Churchill shares are listed on The Toronto Stock Exchange and The Canadian Venture Exchange under the trading symbol "CUQ". TEL: (780) 454-3667 H. R. (Hank) Reid, P. Eng., MBA, President and CEO

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