Tekcapital Share Discussion Threads

[energyi] 21/6/2006 08:10

Teck Cominco to list on New York Stock Exchange June 29
Wednesday June 14, 3:45 pm ET

VANCOUVER, June 14 /CNW/ - Teck Cominco Limited announced today that it has been authorized to list its Class B subordinate voting shares on the New York Stock Exchange. The listing is expected to become effective on June 29, 2006. The Class B subordinate voting shares will trade on the New York Stock Exchange under the ticker symbol "TCK". On June 29, the symbols for Teck Cominco's Class A common shares and Class B subordinate voting shares on The Toronto Stock Exchange will change to "TCK.A" and "TCK.B" respectively.

Teck Cominco President and Chief Executive Officer, Don Lindsay said: "A New York listing is consistent with our objective of maximizing value for all shareholders. The greater liquidity we expect for the Class B shares and increased visibility for the company in the United States will enhance our ability to execute our strategy."

Teck Cominco is a diversified mining company, headquartered in Vancouver, Canada. Shares are currently listed on the Toronto Stock Exchange under the symbols TEK.A and TEK.B. The company is a world leader in the production of zinc and metallurgical coal and is also a significant producer of copper, gold, indium and other specialty metals. Further information can be found at www.teckcominco.com.

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