UPDATE 1-Canada confirms sale of 30.45 mln GM shares

Newswire

* Canada to sell 30.45 mln shares at $33/share * Could sell additional 4.57 mln shares * Canada, Ontario to raise $1 bln in offer * GM shrs rise as much as 9 pct, close at $34.19 on NYSE (In U.S. dollars) OTTAWA, Nov 18 (Reuters) - The Canadian government confirmed on Thursday it was selling 30.45 million common shares of General Motors Corp at $33 each as part of the automaker's initial public offering. It also said it has given underwriters the option to buy up to an additional ...

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