To: AugustWest who wrote (2555 ) 5/6/1999 8:19:00 AM From: SIer formerly known as Joe B. Respond to of 2882
GEM.TSE is announcing their new management in a conference call this morning. They sell jewlerly online and have bot a brokerage and soon they'll be taken that online too. It's all ready run up but I beleive it still has legs. MEDIA ALERT - American Gem To Announce New, Experienced Internet Management Team And Strategy To Become Canada's Leading Diversified E-Commerce Solution Company TORONTO, May 5 /CNW/ - On Thursday, May 6, American Gem will introduce a dynamic, new Internet management team and reveal its strategic vision for developing diversified e-commerce solutions in Canada. Media and members of the financial community are invited to attend a live announcement at: Date/Time: Thursday, May 6 - 10:00 a.m. EST Where: NewsTheatre 98 The Esplanade Toronto, Ontario (416) 361-0070 Interested parties are also invited to participate via teleconference toll-free at 1-877-281-6635 or via live webcast at www.newstheatre.com. A question and answer period will follow the announcement. Interviews will be available upon request. About American Gem ------------------ American Gem, formed in 1991, maintains one of the world's largest holdings of high quality cut sapphires and rough sapphires. In November 1998, Vic Alboini, a senior Canadian investment banker, formerly of Yorkton Securities Inc., became President and CEO of American Gem and rapidly expanded its strategic evolution as an Internet e-commerce company. On March 15, American Gem announced it would sell sapphires and other jewellery online. On April 12, American Gem announced the acquisition of Northern Securities Inc., a Toronto-based brokerage firm, for the purpose of developing full-service, Internet brokerage businesses. -0- 05/05/1999 For further information: please contact: Investors: American Gem, Andrew Beach, (416) 777-6687, awb@northernsi.com; Media: Hill and Knowlton, Dave Copp, (416) 413-4735, dcopp@hillandknowlton.ca