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Ralph D. McRae,
Chairman and CEO
Leading Brands, Inc.
(604) 214-9722 ext. 238
[email protected]
Derek Henrey,
Chief Financial Officer
Leading Brands,
Inc.
(604) 214-9722 Ext.313
[email protected]
Strategic
Growth International
Stan Altschuler/David Waldman
(516) 829-7111
[email protected]
Leading Brands, Inc. Announces Commencement of Trading on the Toronto Stock Exchange
in Addition to Nasdaq
VANCOUVER, CANADA
- May 6, 2002 - Leading Brands, Inc. (NASDAQ:LBIX),Canada's
largest independent, fully integrated food and beverage brand management company,
is pleased to announce that the Company will commence trading on The Toronto Stock
Exchange ("TSE") on May 8, 2002 under the symbol "LBI". Leading
Brands, Inc. is currently listed on Nasdaq under the symbol LBIX and will maintain
that listing in addition to the TSE listing.
Leading
Brands Chairman and CEO Ralph D. McRae said "We are excited to list on the
TSE, as we believe this listing will provide greater market visibility and increased
liquidity for Canadian investors. Furthermore, the listing of Leading Brands'
common shares on the TSE will support our business strategy, and verifies our
commitment to enhancing shareholder value. "
We Build Brands(TM)
About Leading Brands, Inc.
Leading Brands, Inc. (NASDAQ:LBIX) is the largest independent, fully integrated premium beverage company in Canada. The Company's unique Integrated Distribution System (IDS) offers turnkey, one-stop shopping to food and beverage brand owners, including manufacturing, distribution, sales/marketing and licensing. In addition, Leading Brands produces their own line of beverages such as TREK, Johnny's Roadside® Iced Tea and Lemonade, Country Harvest® Juices, Caesar's® Bloody Caesar Cocktail, and Cool Canadian® Water. Leading Brands recently undertook a major expansion into the United States, with its US headquarters located in Stamford, CT. Its subsidiary, Quick, Inc. is building a home replenishment and delivery system for the new economy.
Statements in this news release that are not historical are to be regarded as forward-looking statements which are subject to risks and uncertainties that could cause actual results to differ materially. Such risks and uncertainties with respect to the Company's business include general economic conditions, weather conditions, changing beverage consumption trends, pricing, and the availability of raw materials and economic uncertainties, including currency.
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