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Gold/Mining/Energy : Crystallex (KRY)

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To: Dan P who wrote (5583)	2/20/1998 9:28:00 AM
From: Paul Lee	Read Replies (2) of 10836

and i'm sure the shorts will tell us this is happening so these people can sell these shares Crystallex Note Holders Convert to Equity VANCOUVER, British Columbia, Feb., 20 /PRNewswire/ -- Crystallex International Corporation (Amex: KRY) (Toronto: KRY.) announced that the holders of its US$10 million principal amount of convertible notes have converted all such notes into 3,044,315 common shares of the Company at an average conversion price of US$3.31 bringing the total number of outstanding common shares to approximately 34.0 million. Certain statements about the Company and its affairs have been published from time to time by third parties that may not be wholly consistent with news releases issued by the Company and public statements made by its officers and directors. Investors should evaluate such third party statements in light of the Company's own public disclosure. As stated by Crystallex on several occasions, the Supreme Court of Venezuela is currently considering Crystallex's application seeking enforcement of its ownership rights over the Cristinas 4 & 6 gold concessions. Crystallex understands that this application is being considered by the Court in the ordinary course.

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