American Stock Exchange to Trade Options on Five Securities

American Stock Exchange to Trade Options on Five Securities 


NEW YORK, Nov. 4  /PRNewswire/ -- The American Stock Exchange(R) (Amex(R))
launched trading in options on Thursday, November 4, 2004, on the following
Nasdaq Stock Market and New York Stock Exchange listed stocks:

   * Brascan Corporation, Class A (Symbol: BNN)
   * Cameco Corporation (Symbol: CCJ)
   * Crucell NV (Option Symbol: JXU/Stock Symbol: CRXL)
   * Metals USA, Inc. (Option Symbol: JZU/Stock Symbol: MUSA)
   * PrimeWest Energy Trust (Symbol: PWI)



Brascan Corporation, Class A options will open with strike prices of 35- 40-45
and position limits of 1,350,000 shares. The options will trade on the March
expiration cycle with initial expirations in November, December March and June.
The specialist will be AGS Specialists, LLC. Brascan Corporation is an asset
management company focused on the real estate and power generation sectors. 
The Company owns interests in office properties in North America, and in London
in the United Kingdom.  Brascan also owns power-generating plants.

Cameco Corporation options will open with strike prices of 75-80-85 and
position limits of 1,350,000 shares. The options will trade on the March
expiration cycle with initial expirations in November, December March and June.
The specialist will be TANSTAAFL Research & Trading, LLC.  Cameco Corporation
produces uranium.  The Company operates underground uranium mines in
Saskatchewan, Canada, in situ leach uranium facilities in Wyoming and Nebraska
in the United States, uranium refining and conservation facilities in Ontario,
Canada, and a gold mine in Kyrgyzstan, Central Asia.

Crucell NV options will open with strike prices of 7-1/2 - 10 - 12-1/2 and
position limits of 1,350,000 shares. The options will trade on the March
expiration cycle with initial expirations in November, December March and June.
The specialist will be Kellogg Capital Group, LLC. Crucell NV licenses
technology to pharmaceutical and biotechnology companies.  The Company offers
two technology platforms that help develop antibodies, vaccines, gene therapy
and functional genomics, and discover disease-associated molecules.

Metals USA, Inc. options will open with strike prices of 15- 17-1/2 - 20 and
position limits of 2,250,000 shares. The options will trade on the March
expiration cycle with initial expirations in November, December March and June.
The specialist will be Bowery Specialist Group, LLC. Metals USA, Inc. is a
metals processor and distributor in North America.  The Company provides a
range of products and services in the carbon plates and shapes, flat-rolled
products, and building products markets.

PrimeWest Energy Trust options will open with strike prices of 20 - 22-1/2 - 25
and position limits of 3,150,000 shares. The options will trade on the March
expiration cycle with initial expirations in November, December March and June.
The specialist will be Group One Trading L.P. PrimeWest Energy Trust is a
closed-end investment trust.  The Trust issues Trust Units to the public and
uses the funds to purchase royalty from PrimeWest Energy Inc.  The royalty
entitles the Trust to 99% of the net cash flow from oil and gas properties
currently owned or subsequently acquired by PrimeWest.

The American Stock Exchange(R) (Amex(R)) is the only primary exchange that
offers trading across a full range of equities, options and exchange traded
funds (ETFs), including structured products and HOLDRS(SM).  In addition to its
role as a national equities market, the Amex is the pioneer of the ETF,
responsible for bringing the first domestic product to market in 1993. Leading
the industry in ETF listings, the Amex lists 143 ETFs.  The Amex is also one of
the largest options exchanges in the U.S., trading options on broad-based and
sector indexes as well as domestic and foreign stocks.  For more information,
please visit http://www.amex.com/. 

DATASOURCE: The American Stock Exchange



CONTACT: Dan Charnas of the American Stock Exchange, [phone], or

 



Web site:  http://www.amex.com/

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