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MFC Bancorp Ltd. Announces Acquisition of Banff Resources.

Publication: Business Wire
Publication Date: 08-AUG-02
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Business Editors

NEW YORK--(BUSINESS WIRE)--Aug. 8, 2002

MFC Bancorp Ltd., (the "Corporation") (Nasdaq:MXBIF) (Frankfurt Stock Exchange:MFC GR) today announced that the corporation acquired for nominal consideration, by way of private agreement, 55,210,984 common shares (the "Common Shares") in the capital of Banff Resources Ltd. ("Banff") representing approximately 85.3% of...



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