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Primex CorporationPRMX

PSE Disclosure Form 17-7 - Statement of Changes in Beneficial
Ownership of Securities References: SRC Rule 23 and
Section 17.5 of the Revised Disclosure Rules

Name of Reporting Person	Primex Development Corporation
Relationship of Reporting Person to Issuer	10% Beneficial Owner

Description of the Disclosure
Disposal of shares by 10 % Beneficial Owner