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Gold/Mining/Energy : Noble China (NMO) on TSE. Chinese Brewery Stock

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To: Mario Gallant who wrote (106)3/15/1999 10:20:00 AM
From: roddio  Read Replies (1) of 248
 
This will help clear the air.

Company Press Release This a.m.
Noble China Inc.
Normal Course Issuer Bid
TORONTO, ONTARIO--Noble China Inc. (''Noble'') has received approval from the Toronto Stock Exchange to acquire up to 10 percent of the public float of common shares (such percentage representing 865,383 shares) as at the commencement of the normal course issuer bid. There are 10,815,083 common shares issued and outstanding. The public float consists of 8,653,830 common shares.

The normal course issuer bid will commence on March 17, 1999 and will terminate on the earlier of the date on which Noble completes its purchases pursuant to the normal course issuer bid, and March 16, 2000.

All common shares which are repurchased will be cancelled.

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Contact:

Noble China Inc.
John Pennal
President and Chief Executive Officer
(416) 956-4906
(416) 956-4907
E-mail: nci@noblechina.com
Website: www.noblechina.com

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