Montreal-based Noverco Inc told theSecurities and Exchange Commission it reduced its stake in
Sceptre Resources Ltd to 1,232,200 shares or 4.8 pct of the
total outstanding.
    Noverco said it sold off 400,500 shares "to reduce the
investment of Noverco in Sceptre."
    "Additional common shares of Sceptre may be sold or
purchased by Noverco, depending upon market conditions," Noverco
said.
 Reuter
