Admission To Listing On Oslo Stock Exchange
Date 18/01/2000
The Primary Capital Certificates of Helgeland Sparebank may be admitted to listing on the Oslo Stock Exchange. This decision is conditional on the production of a satisfactory listing prospectus.
The first day for listing is to be determined by the President of the Oslo Stock Exchange, but with
the proviso that this must be no later than 14 February 2000.
The shares of Crew Development Corporation may be admitted to secondary listing on the Main List of
the Oslo Stock Exchange. This decision is conditional on the company's shares attaining a
sufficiently wide distribution and the production of a prospectus which meets the requirements set
out in the Stock Exchange Regulations in respect of a new listing.
The first day for listing is to be determined by the President of the Oslo Stock Exchange, but with
the proviso that this must be no later than 14 February 2000.
Crew Development Corp. (Crew) is a multi-commodity Canadian mining company. The company's primary listing is in Toronto. Crew's market value is about NOK 500 million and about 40% of its shareholders are Norwegian. Crew owns 40.3% of Metorex Ltd., a company with seven profitable mines in southern Africa, which will have anticipated revenues of about NOK 820 million and net profits of NOK 55 million for its 1999/2000 fiscal year. Metorex has assets of NOK 1 billion and no long-term debt. Crew has recently acquired 91.2% of Mindex, a listed Norwegian exploration company with two advanced nickel and gold projects and several exploration projects.