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Gold/Mining/Energy : Canadian Microcaps

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To: diddlysquatz who started this subject	3/7/2004 10:10:37 AM
From: paul s.	Read Replies (1) of 817

CGY...breakthrough year This little company is ready to breakthrough this year. Stock is starting to move, but needs some sustained volume. Last PR: Cie-Nnergy Q1-2004 Financial Results 1/20/04 BEAUPORT, Quebec, Jan 20, 2004 (CNW Telbec via COMTEX) -- Cie-Nergy Ply-foil Canada Inc. ('Cie-Nergy'or the 'Company') (TSX Venture: CGY) announces its profitability is up 243% to a record high of $353,734 for a first quarter. The company experienced strong sales in the core markets of Eastern Canada along widw th more regular growth in most of its other markets. Expansion into new markets will bring regular sales growth in the coming quarters. The President of Cie-Nergy, Larry Sheedy noted, 'Our plant investments along with a favorable sales mix brought exceptional margins that significantly improved profitability. Our improved working capital will permit new development to grow even more our sales.' Cie-Nergy is engaged in the manufacture and marketing of specialty reflective insulating products designed to save on energy costs. The Company markets its products under the Thermo Foil(TM) and Ayr Foil(TM) brand names. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. VIEW ADDITIONAL COMPANY-SPECIFIC INFORMATION: newswire.ca

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