Clearly Canadian Beverage Corporation Press Release: "Clearly Canadian Beverage Corporation Press Release
Clearly Canadian Beverage Corporation
VANCOUVER, British Columbia--(BUSINESS WIRE)--Sept. 2, 2004--Clearly Canadian Beverage Corporation (TSX:CLV)(OTCBB:CCBC) wishes to issue the following clarification to its release BW5426 (CLEARLY-CANADIAN) 'Douglas Mason Settles Proceedings with the British Columbia Securities Commission' issued Thursday, August 26, 2004:
Clearly Canadian Beverage Corporation (TSX: CLV)(OTCBB: CCBC) reports that it has been requested by Toronto Stock Exchange ('Exchange') to provide a clarification to its News Release dated August 26, 2004, in which it reported that Douglas Mason, the Company's President, Chief Executive Officer and Director, had entered into a settlement agreement ('Settlement') with the British Columbia Securities Commission (the 'Commission'). The Company reported in its previous News Release that it was pleased that the Settlement permits Mr. Mason to continue in his role as the Chief Executive Officer, President and Director of Clearly Canadian. The Company further reports that the Settlement restricts Mr. Mason from serving as a director or officer of any other issuer for a period of 12 months, other than for Clearly Canadian and for Columbia Yukon Explorations, Inc. ('Columbia Yukon'); from trading, directly or indirectly, in securities for a period of 12 months, other than trading which takes place through accounts held at a single registered dealer acceptable to the Commission; and from engaging in investor relations activities for a period of 12 months, except for investor relations activities with Clearly Canadian and Columbia Yukon"
Clearly Canadian Beverage Corporation
Valerie Samson
Manager, Communications
(800) 663-5658 (USA) or (800) 663-0227 (Canada)
Fax: (604) 922-8195
Email: vsamson@clearly.ca
OR
Clearly Canadian Beverage Corporation
Clive Shallow
Manager, Shareholder Relations
(800) 663-5658 (USA) or (800) 663-0227 (Canada)
Fax: (604) 922-8195
Email: cshallow@clearly.ca
Website: www.clearly.ca
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