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

To: gg cox who wrote (553)	11/2/2000 5:31:11 PM
From: Al Collard	Respond to of 960

SE Global Expands its Global Network of Brokers VANCOUVER, Nov. 2 /CNW/ - SE Global Equities Company Limited ("SEG"), a subsidiary of Capital Alliance Group Inc., is pleased to announce the addition of four distinguished brokerage firms to SEG's expanding global network of brokers. These new alliance partners will enhance SEG's presence in Asia and expand SEG's network onto the African continent with the addition of the Egyptian market. These new alliances expand SEG's reach into 17 stock exchanges in 15 countries spanning several continents. SEG's representatives continue to meet with brokerage firms around the globe. SEG is in various stages of negotiations with several firms that when finalized, will significantly expand SEG's reach. The brokerage firms who have most recently executed a formal co-marketing agreement with SEG include: Dongwon Securities Co., Ltd. (formerly Hanshin Securities Co., Ltd.) - will cover the Korean Stock Market. Incorporated in 1968, Hanshin Securities Co., Ltd. changed its name to Dongwon Securities Co., Ltd. in 1996. Dongwon Securities network consists of 1,500 employees, 70 branch offices, and 5 financial affiliates. These affiliates include Dongwon Economic Research Institute, Dongwon BNP Investment & Trust Management Co., Ltd., Dongwon Venture Capital Co., Ltd., Dongwon Finance Co., Ltd., and Dongwon Mutual Savings & Finance. As of the end of March 2000, Dongwon Securities had paid-in capital of KRW 179.5 billion (US$ 162 million). Meritz Securities Co., Ltd. (formerly Hanjin Investment & Securities Co., Ltd.) - will also cover the Korean Stock Market. Established in 1973, Meritz Securities has a wide network across Korea which comprises 40 branches (including 3 cyber branches) with 830 executive officers and employees. Meritz Securities also has a wholly owned subsidiary, Meritz Investment Advisory. Meritz Securities is a joint venture partner of Prudential Asset Management Asia (PAMA). PAMA is a subsidiary of Prudential - one of the world-leading financial groups. As of the end of February 2000, Meritz Securities had paid- in capital of KRW 173.5 billion (US$ 156 million). OKAZ Co. - will cover the Egyptian Stock Exchange. Founded by the Hamed family, OKAZ Co. maintains a leading position in the local brokerage community with over 16 years of experience. OKAZ has enjoyed a cumulative turnover of over L.E. 9 billion (US$ 2.4 billion) since 1984, and an average yearly turnover for the past 6 years of L.E. 1.5 billion (US$ 394 million). OKAZ was the first brokerage firm to obtain a direct link to the Egyptian Stock Exchange. This direct link allows OKAZ to execute clients' orders directly from its offices as well as its trading desk on the floor of the stock exchange. Kingsway E-Services Limited (KESL) - will cover the Stock Exchange of Hong Kong. KESL is a wholly owned subsidiary of the Hong Kong listed SW Kingsway Capital Holdings Limited with a paid-in capital of over HK$1 billion (US$128 million). The group offers a full range of integrated financial services through its subsidiaries including stock broking, futures trading, fund management, corporate finance, institutional and retail sales, underwriting, and securities related private placements. Toby Chu, president and chief executive officer, states: "We are very pleased with our progress towards our goal of expanding our alliance network. Our expansion to the African continent, as well as the strengthening of our existing network with our esteemed alliance partners, brings us closer to our goal of creating a truly global financial community. We are excited about the progress we are making towards offering a variety of financial products to SEG members and providing them with the opportunity to explore and take advantage of exciting investment opportunities from all corners of the world." 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.