U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the Month of JANUARY 2003
MFC BANCORP LTD.
(Exact Name of Registrant as specified in its charter)
FLOOR 21, MILLENNIUM TOWER, HANDELSKAI 94-96, A-1200, VIENNA, AUSTRIA
011 (43) 1 24025 102
(Address and telephone number of Registrant's office)
Indicate by check mark whether the Registrant files or will file annual reports
under cover of Form 20-F or Form 40-F:
[X] Form 20-F [ ] Form 40-F
Indicate by check mark if the Registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1):
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Indicate by check mark if the Registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7):
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Indicate by check mark whether by furnishing the information contained in this
Form, the Registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:
Yes No X
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If "Yes" is marked, indicate below the file number assigned to the Registrant in
connection with Rule 12g3-2(b): 82- .
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NEWS RELEASE
FOR RELEASE JANUARY 21, 2003
NEW YORK CITY, (January 21, 2003) - - - MFC Bancorp Ltd. (Nasdaq: MXBIF and
Frankfurt Stock Exchange: MFC GR) today announced that an additional 111,957
common shares of Med Net International Ltd. were tendered to MFC's offer (the
"Offer") dated November 7, 2002 to purchase all of the issued and outstanding
common shares of Med Net, all of which have been taken up. As a result, MFC
owns an aggregate of approximately 632,502 Med Net common shares. MFC also
announced the expiration of the Offer.
ABOUT MFC BANCORP
MFC Bancorp Ltd. owns companies that operate in the financial services industry,
specialising in merchant banking internationally. To obtain further information
on the Company, please visit its web site at http://www.mfcbancorp.com
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Certain statements included herein are "forward-looking statements" as defined
in the Private Securities Litigation Reform Act of 1995. Management of MFC
cautions that forward-looking statements are not guarantees and that actual
results could differ materially from those expressed or implied in the
forward-looking statements. Important factors that could cause the actual
results of operations or financial condition of MFC to differ include, but are
not necessarily limited to, the risks and uncertainties discussed in documents
filed by MFC with the Securities and Exchange Commission.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Registrant MFC BANCORP LTD.
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By /s/ Michael J. Smith
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Michael J. Smith
President and Chief Executive Officer
Date January 21, 2003
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