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Gold/Mining/Energy : Churchill (CUQ), PE of 3! -- Ignore unavailable to you. Want to Upgrade?


To: Gulo who wrote (182)1/13/2000 1:31:00 PM
From: Far Side  Read Replies (1) | Respond to of 264
 
News - CUQ awarded $29 Million of Construction Work

CHURCHILL CORP ("CUQ-TV") - Awarded $29 Million of Construction Work
The Churchill Corporation is pleased to announce that its subsidiaries have recently been awarded several new construction contracts with an aggregate value in excess of $29 million.

Stuart Olson Construction has been awarded a $3 million contract to convert the former Eaton's store in the West Edmonton Mall to a Zellers store and a $3.5 million contract to modify and expand the Serca Food Service freezer and distribution facility in Edmonton. Stuart Olson has also been awarded contracts in Calgary to build the Webber Academy Foundation School for $6.5 million and to build the Garrison Curling Club for $2 million. In addition, Stuart Olson will upgrade and renovate the Empire Landmark and the Canyon Court hotels in the lower mainland of British Columbia for $3.5 million and $1.5 million, respectively.

Triton Projects has been awarded mechanical construction contracts of $6 million on an enhanced oil recovery project by PanCanadian Resources, a gas plant expansion for Chevron and a compressor station installation for Berkley Petroleum.

Northern Industrial Insulation has been awarded $3 million of thermal and acoustical insulation contracts at an Amoco Petroleum gas processing plant at Empress, Alberta and at Nova Chemicals ethylene operations at Joffre, Alberta.

Hank Reid, Churchill's President and CEO, is very pleased with these project awards. "The award of these contracts to each of our construction subsidiaries reflects the strength and diversity of our business as Churchill continues to benefit from the strong construction market in western Canada."

The Churchill Corporation is a western Canadian commercial and industrial construction corporation with annual revenue in excess of $200 million. Churchill shares are listed on The Toronto Stock Exchange and The Canadian Venture Exchange under the trading symbol "CUQ". TEL: (780) 454-3667 H. R. (Hank) Reid, P. Eng., MBA, President and CEO




To: Gulo who wrote (182)2/11/2000 11:16:00 AM
From: speculatingvalue  Read Replies (1) | Respond to of 264
 
CALGARY, Feb. 10 /CNW/ - The Churchill Corporation announces the
appointment of L. Bruce Rintoul, P. Eng., MBA, to its executive management
team as Vice President, Industrial. Mr. Rintoul is responsible for managing
Churchill's current successful industrial construction operations and working
with the other members of Churchill's management team to accelerate growth of
its industrial construction division through a combination of internal
initiatives, joint ventures and acquisitions. Bruce holds an MBA from the
University of Western Ontario and a Bachelor of Science Degree in Civil
Engineering from the University of New Hampshire. He has eighteen years of
engineering, business development and general management experience in the
industrial construction and related industries, most recently running a $450
million division of a public company.
Churchill also announces that it now anticipates that its pre-tax
earnings during its fiscal year ended December 31, 1999 will be significantly
higher than the pre-tax earnings achieved in 1998, as a result of project
gains realized in the fourth quarter. Churchill anticipates that its
financial results for 1999 will be released on March 20, 2000, following
completion of the year-end audit and approval of the financial statements by
the Churchill Board of Directors.
The Churchill Corporation is a western Canadian commercial and industrial
construction corporation with annual revenue in excess of $200 million.
Churchill shares are listed on The Toronto Stock Exchange under the trading
symbol ``CUQ'.