SERENIC CHAIR NEARLY DOUBLES HOLDINGS

SerenicDwayne Kushniruk, chairman of the Serenic Corp., has nearly doubled his stake in the company after buying stock from another major shareholder. Kushniruk has acquired control of 2,590,833 common shares that had been held by Gordon Buchanan or companies owned by him. Before the transaction, Kushniruk held about 16.9 percent of the outstanding shares.

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