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Gold/Mining/Energy : Repap (RPAPF)
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To: elcasmirb who wrote (304)12/23/1998 5:31:00 PM
From: Wizzer  Read Replies (1) of 485
 
Repap not to amalgamate with Repap New Brunswick

Repap Enterprises Inc RPP
Shares issued 742,460,637 Dec 22 close $0.085
Wed 23 Dec 98 News Release
Mr. Stephen Larson reports
The company has decided not to proceed with its previously announced intention to amalgamate with Repap New Brunswick. This decision has been reached based upon the deteriorating market condition for Repap's coated paper products and the continuing uncertain outlook for 1999.

(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

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