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Gold/Mining/Energy : Games Trader -- Ignore unavailable to you. Want to Upgrade?

To: Dettmer who wrote (116)	4/3/1999 7:34:00 PM
From: Skipper	Read Replies (1) \| Respond to of 1239

APRIL 1, 1999 Games Trader Inc. : Announcement BRAMPTON, ONTARIO--Games Trader Inc. today announced the release to the Company of $2.7 million held in escrow pursuant to the equity financing completed in connection with the reverse take-over of Xencet Investment Inc. in October 1998. Peter Kozicz, the President and Chief Executive officer of Games Trader Inc. stated that these funds will assist the Company in continuing with its strategy of strengthening its position in the value-price video game industry segment and facilitate other unique high growth opportunities. GTI is a leading supplier of value-priced, previously played video games for Nintendo, Sega and Sony video games systems to mass merchant retailers and specialty retailers in the United States and Canada. GTI's shares are listed on the Toronto Stock Exchange and trade under the ticker symbol "GTR". -30-