OTTAWA, July 8--CNW-AsiaNet/InfoQuest
The Royal Canadian Mint is pleased to announce that it has been awarded a contract valued at over $10 million to produce 400 million 2 Baht Thailand
coins. The new coin denomination uses plated steel, a technology developed by
the Royal Canadian Mint, and will be the first coin of this kind in Thailand.
In 2004, the Royal Canadian Mint won a contract to produce 1 billion one Baht
Thailand coins. Both contracts were won through competitive bids.
The coin will be produced at the Royal Canadian Mint’s state-of-the-art
plating facility in Winnipeg, Manitoba, Canada. On July 7th, 2005 President
and CEO, David C. Dingwall in a speech to the Thai-Canadian Chamber of Commerce
in Bangkok, Thailand highlighted the Canadian Mint’s international reputation
and success, focusing on its innovative technologies including the non-cyanide
plating process used for all Canadian denominations. “The Royal Canadian Mint’s
ability to compete and win contracts of this magnitude speaks to our quality
and innovation,” said CEO and President, David C. Dingwall. “Following one of
the biggest turn-arounds in our corporate history in 2004, contract wins such
as these support our continued growth and success.”
The Royal Canadian Mint produces over 1 billion Canadian circulation coins annually. The Crown Corporation also competes against other Mints for
international contracts and has produced coins and coin blanks for over 60
countries in the last 25 years.
The Royal Canadian Mint, an ISO 9001-2000 certified company, is the Crown Corporation responsible for the minting and distribution of Canada’s
circulation coins. In operation since 1908, the Royal Canadian Mint is
recognized as one of the largest and most versatile mints in the world,
offering a wide range of specialized, high quality coinage products and related
services on an international scale. For more information on the Royal Canadian
Mint, its products and services, visit www.mint.ca
SOURCE: Royal Canadian Mint
CONTACT: Pam Aung Thin
Vice-President Communications
Tel: (613) 993 5092
Tel: (613) 991 5342
Cellular: (613) 220 5096
[email protected]
--Distributed by AsiaNet (www.asianetnews.net)--