VANCOUVER, B.C. - Crystallex International Corporation (Symbol KRY on TSE and Amex) is pleased to announce that the Company's stock will be added to the TSE 300 Composite Index and the TSE 300 Capped Indices in the Gold and Precious Metals Group (02.03) and the Materials Sector (TXBM) of the S&P/TSE Canadian SmallCap Index. According to the S&P's official press release, the Company's addition to the above indices will be effective after the close of business on Friday, November 30, 2001. The TSE 300 Composite Index is used by the financial community at large as a broad indicator of market activity for the 300 largest companies traded on the Toronto Stock Exchange.
Marc J. Oppenheimer, President and CEO of Crystallex said, ``the addition of Crystallex to the TSE 300 is an important milestone, which reflects positively on the company's consistent record of growth. As a TSE 300 company, we will be able to further broaden our shareholder base, at a time when the outlook for gold is starting to improve and the growth of our projects and the performance of our company warrant added visibility.''
About Crystallex:
Crystallex International Corporation is an emerging intermediate gold mining company. The Company owns or controls a number of strategic properties in South America. Crystallex's strategy for growth is to develop its portfolio of properties in South America as well as to diversify geographically by investing in producing or near-production projects and by exploring properties of merit in other areas of the world. On Behalf of the Board:
Marc J. Oppenheimer, President & CEO
For Further Information:
Contact: A Richard Marshall, VP at (201) 541-6650 or Andrea Boltz at (604) 683-0672
To receive previous Company releases: (800) 758-5804 ext.114620
Visit us on the Internet: http://www.crystallex.com
Note:
This news release may contain certain "forward-looking statements" within the meaning of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Crystallex, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed under the heading "Risk Factors" and elsewhere in documents filed from time to time with The Toronto Stock Exchange, the United States Securities and Exchange Commission and other regulatory authorities.
The Toronto Stock Exchange has not reviewed this release and does not accept any responsibility for the adequacy or accuracy of this news release.
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