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New Listing Bulletin

For Immediate Release

99/11


CONTACT:

April 12, 1999

WADE J. MURRAY
information@vse.ca
(604) 643-6592
Anthony Clark International Insurance Brokers Ltd. Lists on the VSE

 

Effective at the opening on April 12, 1999, Anthony Clark International Insurance Brokers Ltd. commenced trading on the Vancouver Stock Exchange. The company is classified as an "Advanced" company and trades under the symbol "ACL".

Anthony Clark International Insurance Ltd. was amalgamated under the laws of the province of Alberta on April 1, 1996. The company is in the business of placing general insurance with insurance companies as a General Insurance Broker and has been in the general insurance business since 1989.

The company's capitalization is unlimited with 6,969,055 common shares currently issued and outstanding, including 1,872,620 common shares held in escrow. The company has completed its initial distribution of shares to the public for a total gross proceeds of $4,000,000. (2,500,000 shares at $1.60 per share). The transfer agent for Anthony Clark International Insurance Brokers Ltd. is CIBC Melon Trust Company and the sponsoring member is Rampart Securities Inc.

The company has issued to its agents (Rampart Securities Inc. and Roche Securities Ltd.) a total of 225,000 non-transferable share purchase warrants. One warrant to purchase one share at $1.60 per share up to one year from the closing date of offering and $1.84 for the second year .

For further information, please refer to the Company’s Prospectus dated February 16, 1999.

ANTHONY CLARK INTERNATIONAL INSURANCE BROKERS LTD.
Primo Podorieszach, President
100 – 10655 Southport Road S.W.
Calgary, Alberta
T2W 2Y1
Telephone Number (403) 278-8811

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