|
NEWS RELEASE
For immediate release: October
26, 2004
5,833,473 shares tendered to Tolko’s
offer
Vernon, BC – Tolko Industries Ltd. (Tolko) said
today that it now holds 7,591,573 million shares, or approximately
80.46% of the total outstanding, as a result of waiving the conditions
and taking up shares that were tendered to its bid to purchase all
the outstanding shares of Riverside Forest Products Limited (Riverside).
Tolko has also today extended its bid to 12:00 midnight
(local time) on November 5, 2004 to allow any Riverside shareholders
who have not yet tendered their shares sufficient time to do so.
Tolko Industries is a family-owned forest products
company based in the Interior of British Columbia in Vernon. Tolko
manufactures and markets specialty forest products to world markets.
The Company was incorporated in 1961 and has grown to more than
2400 employees in ten manufacturing divisions and three sales and
marketing offices in British Columbia, Alberta, Saskatchewan and
Manitoba.
For more information:
Sheila Catlin
Manager, Communications & Public Relations
250-545-4411
E-mail
Back to News Releases
|
