Royal Canadian Mint Secures Contract to Produce 400 Million Coins for Thailand

ข่าวต่างประเทศ Friday July 8, 2005 10:02 —Asianet Press Release

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)--

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