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Gold/Mining/Energy : CFGL-Canfibre Group

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To: DCBEN who started this subject	4/25/2001 1:51:14 PM
From: Michel Thibodeau	Read Replies (1) of 612

News CanFibre Group Ltd - News Release CanFibre shares acquired by ECT Merchant CanFibre Group Ltd YCF Shares issued 37,079,575 2001-04-02 close $0.15 Wednesday Apr 25 2001 News Release Mr. Eric Thode of ECT Merchant reports ECT Merchant Investments Corp. has acquired 30,976,607 common shares of approximately 84 per cent of the outstanding common shares of the CanFibre Group. The common shares of CanFibre were previously held by Kafus Industries Ltd., a bankrupt debtor of ECT and certain of its affiliates, and were assigned to ECT by PricewaterhouseCoopers Inc., as trustee for the estate of Kafus, pursuant to an order of the Supreme Court of British Columbia dated Oct. 10, 2000. (c) Copyright 2001 Canjex Publishing Ltd. canada-stockwatch.com old url (better for printing)

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