January, 2000

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In exchange for shares of its common stock, Samoth Capital Corporation, a Toronto Stock Exchange firm (symbol: SCF) with operations in the North American hospitality and real estate merchant banking industries, has acquired certain assets of the Sterling Organization, LLC, a privately held Palm Beach, Florida commercial and residential real estate developer and asset manager. David Kosoy , Sterling's Chairman, has also been named Chairman of Samoth Capital Corporation
$4,000,000
The undersigned served as the exclusive financial advisor to Samoth Capital Corporation/Samoth USA, Inc.
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