Trading Symbol: NRZ
VANCOUVER, March 21 /CNW/ - W. Joseph Yelder, the president of Norzan
Enterprises Ltd., is pleased to announce that the Company has entered into an
agreement to sell its water bottling assets. These assets are a part of
Snowcap Water Ltd., which is a subsidiary of Norzan, and are directly related
to its water bottling operations. These assets are being purchased by Columbia
Ice Ltd. for $340,000.00.
Norzan's corporate strategy is to grow the Company through strategic
acquisitions and/or consolidation of various potential opportunities.
The TSX Venture Exchange has neither approved nor disapproved this news
Norzan Enterprises Ltd.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release. All
information contained in this release is believed to be factual and
For further information:
For further information: Norzan Enterprises Ltd., 2110 - 1177 West
Hastings Street, Vancouver, B.C., V6E 2K3, Telephone: (604) 669-4300,
Facsimile: (604) 681-5259