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Gold/Mining/Energy : ALUDRA INC. -- Ignore unavailable to you. Want to Upgrade?

To: SSP who wrote (78)	2/5/2001 1:43:57 PM
From: Bernard Ng	Respond to of 103

The stockhouse people need to heat up the discussion, I'm trying... hope that the news will get it to the spotlight! ;-) It seems to me that a lot of people are reading it, but they don't want to post! LOL Bernard

To: SSP who wrote (78)	5/25/2001 1:20:25 PM
From: Bernard Ng	Respond to of 103

Aludra plans placement; strengthens management team Aludra Inc YAD Shares issued 10,300,000 May 11 2001 close $.200 May 25 2001 5:41:29 Mr. Aldo Baiocchi reports Subject to regulatory approval, Aludra has agreed to a non-brokered private placement to raise a minimum of $250,000 and a maximum of $1-million. Pursuant to an offering memorandum, the corporation will offer a minimum of one million common shares and a maximum of four million common shares at 25 cents per common share. The proceeds from the private placement will be used to complete the development of the next generation of Aludra POS, the corporation's point-of-sale software solution for small- to high-volume retail and specialty merchandising businesses, to hire sales and marketing professionals to implement a strategy for marketing the corporation's e-commerce, business management and POS software solutions, and for general working capital purposes. In other developments, Aludra has strengthened its management team and advisory board with the appointments of Harold Albrecht as vice-president, finance; Melody Syme as vice-president, sales/marketing; and Cliff Jones to the advisory board. Mr. Albrecht, BComm, CA, has served in senior financial positions with two private entrepreneurial corporate groups and has founded or co-founded a number of start-up companies, one of which, Pinnacle Resources, was subject to a $1-billion takeover in 1998. Among other achievements, he signed the NHL franchise agreement on behalf of the Edmonton Oilers and has received a number of United States patents for new products he has developed. Mr. Albrecht has public practice experience with both PricewaterhouseCoopers and KPMG. Ms. Syme, BComm, brings to Aludra an extensive and diverse background in business development, solution selling and leading information switching technology, for the CRM, POS/ATM, e-payment and e-commerce industries. Her other intelligences include the business-to-business/business-to-consumer retail sector, agreement/channel/VAR development and wireless communications. Previously, she was the business development manager at e-Smart Direct Services Inc./e-Smart Commerce Inc., where she was in charge of national retail sales and initial agreement development with the following companies which sell POS debit machines to large retailers: Verifone, IVI Checkmate, Hypercom and Tillsmith Systems. In the hardware/software industry, she built partnerships with Softtracks, IBM and NCR. Mr. Jones was previously the president of Sweda Canada Inc., a private company that is the largest POS dealer within the grocery and hospitality industries in Canada. In his two-year tenure with Sweda Canada, he was responsible for restructuring the company and establishing new markets, resulting in improved sales margin and growth. Previously, he held executive positions with NCR and Choreo Systems. (c) Copyright 2001 Canjex Publishing Ltd. canada-stockwatch.com