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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies. -- Ignore unavailable to you. Want to Upgrade?


To: Jordan Electron who wrote (27691)1/28/1998 11:55:00 PM
From: alan holman  Read Replies (1) | Respond to of 28369
 
NO ACCOUNTABILITY for Their ROLE in Bre-X Promotion...................

Midland Walwyn announcement/research pact

Reuters Story - January 28, 1998 21:13

%&64 %CA %FIN %MRG %AU %ZA %MET MWI.TO MBLfX SBCJ.J V%REUTER P%RTR

(Full text of press release from Canada NewsWire)
MIDLAND WALWYN JOINS FORCES WITH LEADING INTERNATIONAL
INVESTMENT BANKS TO CREATE RESOURCES RESEARCH ALLIANCE
TORONTO, Jan. 28 /CNW/ - Midland Walwyn Capital Inc. today
announced that its mining research team has joined forces with
two top international investment banks to create a significant
resources investment research alliance.
Midland Walwyn has entered this global resources strategic
alliance agreement with Macquarie Equities, the broking
subsidiary of Australia's Macquarie Bank and Standard
Bank's Standard Equities arm in South Africa.
Midland Walwyn's head of research, Steven Garmaise, said
this unique strategic alliance harnesses the expertise of
specialists from three top-rated research teams and offers
clients a broader international perspective on listed resource
companies.
The global nature of the base and precious metals markets
increasingly requires the timely exchange of innovative and
concise information,'' said Mr. Garmaise. This agreement gives
all three partners access to leading edge research from the
world's commodity centres.''
Macquarie Bank is a full-service investment bank with a
staff of nearly 2000, and is the only major independent
investment bank majority owned by Australians. It is
headquartered in Australia with offices in Britain, Germany,
the United States, New Zealand, China and Hong Kong. The
Equities Group is one of the top three equities and derivatives
traders on the Australian Stock Exchange. Other divisions
include Corporate Finance, Treasury and Commodities, Investment
Services (U.S. $11 billion under management) and Corporate
Banking.
The Standard Bank Group is Africa's largest and most
profitable banking operation, with assets of more than U.S. $26
billion. The Equities Group provides research, institutional
sales and trading, private client services, and proprietary
trading services. The company's office locations include Cape
Town, Durban, Johannesburg, New York, London and Hong Kong. The
company is a member of the London Stock Exchange and a
registered broker-dealer and member firm with the National
Association of Securities Dealers.
Midland Walwyn is Canada's largest independent investment
dealer, with a market capitalization of $650 million. The
company's team of 26 research analysts, including eight
analysts covering base and precious metals, forest products and
oil and gas, cover over 280 Canadian stocks. Midland Walwyn's
research team is one of the highest rated research teams in
Canada.
/For further information: Peter Kahnert, Corporate
Communications, Midland Walwyn Capital Inc., (416) 369-2560/