(November 10 – 17:25 ET) – The Toronto Stock Exchange has conditionally approved the listing of the Sutton Group Financial Services Ltd. common shares. The company must fulfill all of the exchange’s requirements of the exchange on or before Wednesday, Feb. 7, 2001.

This move completes the first phase of the company’s plan to transform itself from being real estate company to a transaction portal of value added goods and services that are related to home ownership and the community where the home resides.

“This is an important step for Sutton”, says Scott Shaw, Sutton’s president. “The TSE provides us with a very flexible capital environment that will facilitate us in achieving our goals.”

The company’s common shares are currently listed on the Canadian Venture Exchange under the trading symbol “SUG”. Upon listing of the company’s shares on the TSE the shares will be delisted from the CDNX but continue to trade under the symbol “SUG”.
-IE Staff