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Biotech / Medical : YFMC HEALTHCARE ( YFM ) -- Ignore unavailable to you. Want to Upgrade?

To: Veteran98 who wrote (5)	6/22/1999 9:56:00 PM
From: David Michaud	Respond to of 9

Hi, No contacts for a while. Good value here, that's for sure. DM

To: Veteran98 who wrote (5)	6/28/1999 5:43:00 PM
From: David Michaud	Respond to of 9

YFMC Healthcare expanding in Alberta YFMC Healthcare Inc YFM Shares issued 10,078,000 Jun 24 close $0.34 Mon 28 Jun 99 News Release Mr. Donald Wilson reports YFMC Healthcare has completed numerous acquisitions of medical centres and created a health care partnership in the province of Alberta. Purchase of medical centres YFMC has recently completed the purchase of three medical centres in the province of Alberta. The first two medical centres, both in the city of Calgary, operate under the names of McKnight Village Medical Centre and Martindale Medical Centre. These two medical centres, which have been operating for many years, will establish YFMC's presence in Alberta's economic hub. The third purchase is in the city of Edmonton and operates under the name West Edmonton Mall Medical Centre. It is located in the West Edmonton Mall, a major destination for visitors and native Edmontonians. The mall, which includes numerous retail stores, a hotel, ice rink, amusement centre and an operating submarine, has over 10,000 people working in the complex seven days a week. Management expects that these three medical centres will generate gross revenues in excess of $1,350,000. New health care partnership Dr. Donald Wilson and Fred Johnston, president of Equity Office Condominiums, announce that YFMC will operate the new primary care clinics in seven Calgary-based health centres currently being developed by Equity. The announcement was made during an event to celebrate the construction of the first facility, Douglasdale Health Centre. Mr. Ed Belanger, vice-president of YFMC stated, "Our clinics are unique because they offer extended hour medical care in a family practice setting. That means patients who require immediate care can be helped by their family doctor close to home." The primary care clinics will provide patients with extended hours medical care in a family practice setting. The appointment-based family practice will also provide immediate care treatment for acute illness and minor emergencies. The clinic will operate extended hours seven days a week. "We're pleased to be working with YFMC to uniquely meet the needs of families and health providers in Calgary," stated Mr. Johnston. "Both doctors and patients will benefit from having a variety of health care services, specialists, and a clinic all under one roof." Equity plans to build six more health centres over the next three years in Arbour Lake, Sundance, Country Hills, Westhills, east Calgary and downtown. Other major centres throughout the province are being considered for similar facilities. As previously announced in Stockwatch June 22, 1999, YFMC expects to merge its operations with Med-Emerg International, Inc. (MEII), a publicly listed company on Nasdaq, specializing in the co-ordination and delivery of emergency and primary health care related services in Canada. By merging both YFMC and MEII, management believes that it will create a larger platform for growth, achieving significant synergies, savings and benefits. The combined YFMC-MEII operations will include over 30 medical facilities with total revenues in excess of $28-million. The transaction, subject to the requisite due diligence, regulatory approval, and a definitive agreement, is scheduled to be completed in mid-August 1999. An information circular describing the terms of the proposed merger is currently being prepared and shall be forwarded to the shareholders shortly.