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Gold/Mining/Energy : Coeur d'Alene Mining (CDE)
CDE 15.86-1.5%Dec 5 9:30 AM EST
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To: Robert J Mullenbach who wrote (327)1/11/2001 9:24:30 AM
From: Robert J Mullenbach  Read Replies (1) of 621
 
Coeur D'Alene Mines Corporation Submits Plan to
the New York Stock Exchange for Continued Listing
of Its Common Stock

COEUR D'ALENE, Idaho--(BUSINESS WIRE)--Jan. 11, 2001--Coeur d'Alene Mines Corporation (NYSE:CDE - news)
announced today that it is submitting a plan to the New York Stock Exchange to substantiate the Company's belief that by May
27, 2002, it will be in compliance with the Company's listing requirements and thereby qualify for continued listing on the
Exchange.

The submission is being made following the NYSE's recent notice to the Company that it has fallen below one of the continued
listing standards and should be in compliance with such standard within 18 months of the receipt of the notice.

The continued listing requirement with which the Company is not in compliance is the requirement that either its total market
capitalization or its shareholders' equity amount to at least $50 million. The Company continues to be in compliance with all of
the NYSE's other continued listing requirements. The Company's total market capitalization, based on the 37 million common
shares of its common stock outstanding and the $1.00 per share closing price of the Company's common stock on January 10,
2001, is approximately $37.0 million. The Company's shareholders' equity at September 30, 2000, which was the last fiscal
quarter for which financial statements are available, was $35.1 million. The Company believes that the plan being submitted to
the New York Stock Exchange, when implemented, should result in an increase in the Company's shareholders' equity above
the required amount.

biz.yahoo.com
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