Acanthus Resources Ltd. announces shares acquisition of Maxwell Energy Corporation ("Maxwell").CALGARY Calgary (kăl`gərē), city (1991 pop. 710,677), S Alta., Canada, at the confluence of the Bow and Elbow rivers. The largest city in Alberta and the fastest-growing major city in Canada, Calgary is a corporate, transportation, and financial , Alberta--(BUSINESS WIRE)--Sept. 11, 1995-- Pursuant to Section 93 of the Securities Act, Acanthus acanthus (əkăn`thəs), common name for a member of the Acanthaceae, a family of chiefly perennial herbs and shrubs, mostly native to the tropics. Resources Ltd. "Acanthus" and Michael Michael, archangel Michael (mī`kəl) [Heb.,=who is like God?], archangel prominent in Christian, Jewish, and Muslim traditions. In the Bible and early Jewish literature, Michael is one of the angels of God's presence. C. Smith wish to announce they have acquired shares of Maxwell Energy Corporation ("Maxwell"). Smith is a Director of Maxwell and is a significant shareholder of Acanthus. The number of shares acquired by Acanthus is 2.5 million and the transfer to Smith is 567,000 shares within Escrow escrow Instrument, such as a deed, money, or property, that constitutes evidence of obligations between two or more parties and is held by a third party. It is delivered by the third party only upon fulfillment of some condition. . After these acquisitions, Acanthus will own 4,805,800 shares, and Smith 1,061,600. These acquisitions are private transactions. CONTACT: Acanthus Resources Ltd. Mike Smith, 403/232-2222 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion