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Gold/Mining/Energy : CANADA PAYPHONE - CPY(vse)

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To: Jim P who wrote (164)	6/21/2000 3:37:00 PM
From: Salt'n'Peppa	Read Replies (1) of 171

BURNABY, BC, June 21 /CNW/ - Canada Payphone Corporation is pleased to announce that it has entered into an Agreement for the provision of corporate communications services with Alliance Communications Inc. of Vancouver, British Columbia, for a six-month period. Alliance Communications Inc. will be paid $15,000 per month and will be compensated for any out-of-pocket expenses incurred on behalf of the Company. Mr. Andrew Lawrence, Mr. Chris Westwick and Mr. Ward Kondas are the sole shareholders of Alliance Communications Inc.. The Agreement is subject to the approval of the Canadian Venture Exchange. Canada Payphone Corporation is Canada's leading national competitive payphone service provider. The Company provides services from Victoria to Halifax, installing state-of-the-art AT&T Canada branded payphones, Grapevine(TM) Network Terminals and public Internet kiosks. Canada Payphone Corporation is a public company traded on the CDNX under the symbol ``CPY''. For more information, visit Canada Payphone Corporation's web site at: www.canadapayphone.com. ----------------------------- What does this mean to the shareholder? S&P

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