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AT Plastics Inc. announces closing of over-allotment option.


BRAMPTON, Ontario--(BUSINESS WIRE)--May 24, 1996--AT Plastics Inc. ("AT Plastics" or the "Company") announced today that it has completed the closing of the issuance of 125,000 common shares of the Company at a price of $12.25 per common share for aggregate gross proceeds of $1,531,250 to CIBC Wood Gundy CIBC Wood Gundy was created in 1988 with the purchase of Wood Gundy Inc. by CIBC. CIBC Wood Gundy is a division of CIBC World Markets.

Canadian Imperial Bank of Commerce
Chief Executive Officer: Gerald T. McCaughey | FY 2006 Statistics: Net income: $2.
 Securities Inc., First Marathon Securities Limited, Midland Walwyn Capital Inc., ScotiaMcLeod Inc. and First Analysis Securities Corporation (collectively, the "Underwriters") pursuant to the exercise of an over-allotment option previously granted to the Underwriters in connection with a public offering of common shares of the Company.

AT Plastics develops and manufactures specialty plastics raw materials and fabricated products. The Company operates in specialized markets where its product development and process engineering have allowed it to develop proprietary and patented technologies, and to establish international niche market positions. AT Plastics' shares trade on the Toronto Stock Exchange Toronto Stock Exchange (TSE)

Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options.
 under the symbol ATP ATP: see adenosine triphosphate.
ATP
 in full adenosine triphosphate

Organic compound, substrate in many enzyme-catalyzed reactions (see catalysis) in the cells of animals, plants, and microorganisms.
 and on the American Stock Exchange American Stock Exchange (AMEX)

Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921.
 under the symbol ATJ ATJ Association of Teachers of Japanese
ATJ According to Jim (Jim Belushi TV show)
ATJ Access Technology Japan (Japanese IT recruiting company) 
.

CONTACT: AT Plastics Inc.

Geoff Clark, 905/452-6701
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 24, 1996
Words:171
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