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Gold/Mining/Energy : Certicom Corporation (TSE:CIC, NASD:CERT)

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To: Tom Drolet who wrote (3612)7/5/2000 10:07:48 PM
From: Ron Nairn  Read Replies (1) of 4913
 
Tom re reporting of the stoke split...frankly I was somewhat surprised with how the TSE handled the split. They jumped the clock ahead the 3 settlement days. Below is the press release which indicated to me that tomorrow the US markets should report on a post split basis.

Hayward, Calif. June 14, 2000 - Certicom Corp. (Nasdaq: CERT and TSE: CIC), a leading provider of mobile e-commerce security, today announced that its Board of Directors has approved a two-for-one stock split of its outstanding common shares. Pursuant to the stock split, each stockholder of record at the close of business on July 5th, 2000 will be entitled to receive one additional share for each common share held at the close of business on that date. Shares resulting from the split will be distributed by the corporation's transfer agent on or before July 12th, 2000.

We'll see tomorrow but in any event, I'm watching mine. Both my CIBC Investor's Edge accounts and T/D Waterhouse account are reporting current value but 1/2 the number of shares I should have. The June month end statements will be wrong unless they can override what's currently reporting on line. It should pose an interesting dilema for anyone margining.

Rondo
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