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

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To: Far Side who wrote (230)3/28/2000 10:13:00 AM
From: Far Side  Read Replies (1) of 264
 
CHURCHILL CORP ("CUQ-T") - Peter Allard Announces Acquisition of 800,000 Shares of Churchill
Churchill Corporation (The "Corporation").
Peter Allard announces that he has acquired 800,000 common
shares of the Corporation pursuant to the exercise of
800,000 stock options of the Corporation at an exercise
price of $0.40 per common share. After giving effect to the
acquisition, Mr. Allard beneficially owns, or exercises
control and direction over, 1,577,500 common shares (14.2% of the issued and outstanding common shares of the Corporation).

The Acquisition was undertaken by way of private agreement
and not through the facilities of any stock exchange and
was undertaken by Mr. Allard alone as an additional
investment in common shares of the Corporation.

At present, Mr. Allard has no intention to acquire
additional shares of the Corporation. TEL: (604) 683-2925

Peterco Holdings Ltd., Glenn Hickey
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