Alberta Waste Purchases Industrial Tire Shredder.CALGARY, ALBERTA--(BUSINESS WIRE)--Nov. 19, 1996--Alberta (Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). :ALW ALW Allowance ALW Andrew Lloyd Webber ALW Advanced Laboratory Workstation ALW Walla Walla, WA, USA (Airport Code) ALW Assisted Living Workgroup ALW Airlift Wing ALW Air Launched Weapon ALW Air-Land Warfare ALW Apple Laser Writer .) Alberta Waste Resources & Energy Corporation (ALW) announces that the Company has completed the purchase of the industrial tire shredder used in the operation of the Company's scrap tire facility in Wetaskiwin, Alberta “Wetaskiwin” redirects here. For other uses, see Wetaskiwin (disambiguation). Wetaskiwin is a small city in the province of Alberta, Canada (pronounced IPA: /wəˈtæskɨwɨn/). . The shredder was purchased from SSI (1) See server-side include and single-system image. (2) (Small-Scale Integration) Less than 100 transistors on a chip. See MSI, LSI, VLSI and ULSI. 1. (electronics) SSI - small scale integration. 2. Shredding Systems Inc., an industry leader in the manufacturing of recycling equipment, for US$199,900.00 Dlls. This was funded by way of a Small Business Loan from the Royal Bank of Canada Bank of Canada Canada's central bank, established under the Bank of Canada Act (1934). It was founded during the Great Depression to regulate credit and currency. The Bank acts as the Canadian government's fiscal agent and has the sole right to issue paper money. in the amount of $190,000.00 (Canadian funds) and the balance of $90,000.00 (Canadian funds) from funds paid by ALW. This financing will reduce the monthly shredder payment under current financing by more than $10,000.00 per month. Shareholders of the Company have exercised 1,233,333 share purchase warrants at a price of $0.20 per warrant. The total proceeds to be received by ALW is $246,666.60. The warrants expired on November 15, 1996. -0- The Alberta Stock Exchange has neither approved nor disapproved the information contained herein. CONTACT: Alberta Waste Resources Energy Corporation Fred Cooke, 403/571-0070 403/571-0073 (FAX) 1-888-288-TIRE (Toll Free) or Alberta Waste Resources Energy Corporation Paul Bendzik, 403/571-0070 403/571-0073 (FAX) 1-888-288-TIRE (Toll Free) |
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