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Gold/Mining/Energy : Envoy Communications Group (TSE : ECG) -- Ignore unavailable to you. Want to Upgrade?


To: Jamie who wrote (10)6/9/1998 6:09:00 AM
From: billy  Respond to of 274
 
Ther is a whack load of paper comming due in a few days.Aswell look at GLH.T,MCF.T all are the same people.Run chuck run



To: Jamie who wrote (10)7/16/1998 10:15:00 PM
From: Jamie S  Read Replies (1) | Respond to of 274
 
Promanad acquisition closed

Envoy Communications Group Inc
ECG
Shares issued 7,604,635
1998-07-15 close $3.75
Thursday Jul 16 1998
Ms. Shelley Pringle reports
Envoy Communications Group has closed the acquisition of 100 per cent of
Promanad Communications making Communique Group the third largest
Canadian owned and operated agency in Canada.
Promanad Communications earned $1.2-million before interest and taxes in its
fiscal year ending May 31, 1998. Envoy will merge Promanad into The
Communique Group, Envoy's wholly owned operating company and take
advantage of savings which are expected to total an additional $1-million of profit
before interest and taxes. Envoy earned 8 cents per share in the six months ending
March 31, 1998. The second half of the fiscal year ending Sept. 30, 1998 will
even be stronger. In the company's 1999 fiscal year beginning Oct. 1, 1998, it
expects to double our EBITDA over 1998 results due to the successful acquisition
of Promanad. The Communique Group will have over 150 employees operating
from Communique's state of the art facility in Toronto. The company's capitalized
billings will be approximately $103-million.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com