Royal Canadian Mint launches the world's first bullion coins promoting the spirit of the Olympic movement



    OTTAWA, March 17 /CNW Telbec/ - The Royal Canadian Mint (RCM) today
officially launched the 2008 issue of the Vancouver 2010 Olympic Winter Games
Gold and Silver Maple Leaf bullion coins. These unique RCM bullion products
are the world's first bullion coins promoting the spirit of the Olympic Games.
The RCM's Ottawa facility will produce up to 50,000 coins in gold for the 2008
issue and the silver version will be produced on demand. Two more annual
issues (2009 and 2010) will follow.
    In July 2007, the RCM received permission from the International Olympic
Committee and the United States Olympic Committee to produce and market these
new gold and silver bullion coins. The designs for these coins were first
unveiled in August 2007.
    "I'm very proud that the Royal Canadian Mint is again launching a series
of bullion coins which will stand out in a very competitive marketplace," said
Ian E. Bennett, President and CEO of the Royal Canadian Mint. "Gold and silver
have long symbolized the pinnacle of international athletic competition and we
are delighted that the Royal Canadian Mint's world-renowned bullion coins are
now associated with the Olympic Movement."
    The Vancouver 2010 Olympic Winter Games Gold Maple Leaf bullion coin is
made of one ounce of 99.99% pure gold and bears a $50 face value. Bearing a $5
face value, the Vancouver 2010 Olympic Winter Games Silver Maple Leaf bullion
coin is struck from one ounce of 99.99% pure silver. Both are now available
through the RCM's extensive network of bullion dealers.

    About the Royal Canadian Mint

    The Royal Canadian Mint, which is celebrating its 100th anniversary in
2008, is the Crown Corporation responsible for the minting and distribution of
Canada's circulation coins. An ISO 9001-2000 certified company, the Mint is
recognized as one of the largest and most versatile mints in the world,
offering a wide range of specialized, high quality coinage products and
related services on an international scale. For more information on the Mint's
history, its products and services, please visit www.mint.ca.

    About the Vancouver Organizing Committee (VANOC)

    VANOC is responsible for the planning, organizing, financing and staging
of the XXI Olympic Winter Games and the X Paralympic Winter Games in 2010. The
2010 Olympic Winter Games will be staged in Vancouver and Whistler from
February 12 to 28, 2010. Vancouver and Whistler will host the Paralympic
Winter Games from March 12 to 21, 2010.

    About the International Olympic Committee

    The International Olympic Committee (IOC), created in 1894, is a
non-governmental organisation with volunteer members who represent its work
around the world, and an administrative staff based in Lausanne, Switzerland.
The IOC and its 203 National Olympic Committees worldwide promote the Olympic
Movement, whose vision is to contribute to building a peaceful and better
world by educating youth through sport. In addition to selecting the host city
and coordinating the staging of the Olympic Games, the IOC and NOCs
collaborate with a range of organisations and their members in the public and
private sectors to place sport at the service of society. The main goal is to
promote the values of Olympism, which include excellence, respect and
friendship.

    Images of the Vancouver 2010 Olympic Winter Games gold and silver bullion
coins are available by visiting:

    ftp://communications:RCM2007@ftp.mint.ca.

    /NOTE TO PHOTO EDITORS: A photo accompanying this release is available on
    the CNW Photo Network and archived at http://photos.newswire.ca.
    Additional archived images are also available on the CNW Photo Archive
    website at http://photos.newswire.ca. Images are free to accredited
    members of the media/




For further information:

For further information: Alex Reeves, Manager, Communications, (613)
949-5777, (613) 949-9066, Cell: (613) 884-6370, Fax: (613) 991-2628,
reeves@mint.ca; IOC Communications Department, +41 21 621 60 00,
pressoffice@olympic.org


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