Avenor (avr-tse) - Repap buyout (rpp-tse) Message Board

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Gold/Mining/Energy : Avenor (avr-tse) - Repap buyout (rpp-tse)

AVR 4.533

+5.2%

Oct 31 3:59 PM EST

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To: pthomaso who wrote (262)	8/12/1997 12:02:00 AM
From: PeterB	of 290

News release on Canada Newswire 9:00 pm EST - management change in the pipe (quel surprise) Attention Business Editors: REPAP ENTERPRISES INC. TORONTO, Aug. 11 /CNW/ - Silverton International Fund Limited (``Silverton'') and Paloma Partners LLC (``Paloma'') announced today that they have agreed that they would act in common with respect to the common shares of Repap Enterprises Inc. (``Repap''), in order to request certain changes in the management and board of directors of Repap. Silverton holds approximately 21.4% of the outstanding shares of Repap and Paloma holds approximately 7.2% of the outstanding shares of Repap. %SEDAR: 00003098E

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