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Gold/Mining/Energy : Capital Alliance Group - CPT (CDNX) -- Ignore unavailable to you. Want to Upgrade?

To: Condor who wrote (536)	9/19/2000 9:23:26 AM
From: Al Collard	Read Replies (1) \| Respond to of 960

Capital Alliance Group Inc. - Filed Form 20-F CDNX Symbol: CPT VANCOUVER, Sept. 19 /CNW/ - Capital Alliance Group Inc. (trade symbol: CPT on the CDNX) is pleased to announce that it has filed its registration statement on Form 20-F with the United States Securities and Exchange Commission (SEC). The filing of the registration statement on Form 20-F is a necessary step before pursuing a senior stock exchange listing in the U.S. A U.S. listing is an important first step towards the company's objective to develop a strong presence within the international marketplace. It will also provide enhanced liquidity for its existing and growing constituency of Capital Alliance Group investors throughout the United States, Asia and Europe. The Form 20-F registration also allows the company to commence formal Investor Relations activities in the United States. Toby Chu, President and CEO of the company, states that, "This is a significant milestone in our efforts to maximize shareholder value. We feel that a U.S. listing will allow us to significantly increase our visibility within the U.S. investment community. The opportunities and advantages that stem from trading in a market which is over 10 times the size of Canada's will bring with it many benefits. As we drive forward with our plans, we are excited about what today's announcement can do for us and our growing shareholder base." On Behalf of the Board of Directors of CAPITAL ALLIANCE GROUP INC. "Toby Chu" ---------- Toby Chu President and C.E.O THE CANADIAN VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY SECURITIES IN ANY JURISDICTION. "SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: THIS NEWS RELEASE CONTAINS FORWARD LOOKING STATEMENTS THAT ARE NOT HISTORICAL FACTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES WHICH COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE SET FORTH IN OR IMPLIED HEREIN. -30- For further information: Toby Chu, (604) 871-9909 CAPITAL ALLIANCE GROUP INC. has 9 releases in this database. -------------------------------------------------------------------------------- General Inquiries - cnw@newswire.ca Technical Issues - webmaster@newswire.ca © 1999 Canada NewsWire, all rights reserved