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/