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Strategies & Market Trends : Gentra .... Any old R/T employees

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To: dario gheller who wrote (34)9/11/1997 10:55:00 PM
From: little big man   of 78
 
Some good news at last!!!

GENTRA INC.
TORONTO, Sept. 11 /CNW/ - GENTRA INC. (Gentra'') announced
today its intention to make a normal course issuer bid. As a
result, Gentra may, during the following 12 month period,
purchase up to 9,752,281 common shares, being approximately
10% of the public float of the common shares. The purchases
will be through the facilities of The Toronto Stock Exchange
and the price to be paid for the shares will be the market
price at the time of purchase. The actual number of shares to
be purchased and the timing of such purchases will be
determined by Gentra.
Gentra believes that its common shares have been trading
in price ranges which do not fully reflect their value. As a
result, depending on future price movements and other factors,
Gentra believes that its shares may represent an attractive
investment and a desirable use of available funds.
Gentra's common shares are listed on the TSE under the
symbol GTA''.
%SEDAR: 00002416EB
/For further information: Kieran F. Mulroy, Senior
Vice-President and General Counsel, Gentra Inc., (416)
359-8561/
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