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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge

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To: Ceedee who wrote (10950)1/20/2003 10:08:20 PM
From: Al Collard   of 11802
 
CJC-t...in the news:

Conjuchem stock sold by Fidelity


Mon 20 Jan 2003

News Release

Ms. Kim Flood of Fidelity reports

FIDELITY SELLS SHARES OF CONJUCHEM INC.
Certain fund accounts for which Fidelity Management & Research Company of
82 Devonshire St., Boston, Mass., serves as investment adviser have sold
659,000 shares (or 2.40 per cent) of Conjuchem common stock. Fidelity had
control but not ownership of these shares. As a result of the purchase,
Fidelity holds two million shares (or 7.30 per cent) of Conjuchem's common
stock. Fidelity's sale of Conjuchem's common stock was executed on the
Toronto Stock Exchange.
Fidelity fund account sales have been made for investment purposes only,
and not with the purpose of influencing the control or direction of
Conjuchem. The Fidelity fund accounts may, subject to market conditions,
make additional investments in or dispositions of securities of Conjuchem,
including additional purchases of shares of common stock. Fidelity does
not, however, intend to acquire 20 per cent of any class of the outstanding
voting or equity securities of Conjuchem.
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