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Gold/Mining/Energy : Falconbridge Ltd.( T.FL ) -- Ignore unavailable to you. Want to Upgrade?

To: Condor who wrote (51)	7/21/2000 6:50:04 PM
From: Condor	Read Replies (1) \| Respond to of 103

Noranda acquires additional Falconbridge shares Falconbridge Ltd FL Shares issued 177,041,400 Jul 18 close $18.00 Wed 19 Jul 2000 News Release See Noranda Inc (NOR) News Release Mr. Dale Coffin reports Noranda Inc. has acquired additional common shares of Falconbridge Limited through a normal course purchase on the Toronto Stock Exchange. As a result, Noranda's ownership in Falconbridge has increased from 49.9 per cent to approximately 50.1 per cent, or 88,615,200 common shares of Falconbridge. Noranda has acquired the common shares of Falconbridge for investment purposes and may further increase its ownership position through future normal course purchases on the Toronto Stock Exchange. "We have previously indicated our interest in increasing our ownership of Falconbridge," said David Kerr, Noranda's president and chief executive officer. "The purchases are consistent with this objective." (c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com