American Resources of Delaware announces that its officers and directors and an investment group have acquired 73,276 shares of its 6 percent Junior Cumulative Convertible Preferred Stock, Series B.SCOTTSDALE, Ariz.--(BUSINESS WIRE)--June 9, 1995--American Resources of Delaware Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :GASS GASS Greenland Air Surveillance System GASS Gas Analyzing Sensor System GASS Guidance Accuracy Study for SPRINT GASS Google AdSense Stats Syndrome GASS Generic Application Simulation System (Boeing Rotocraft) ) ("ARI ARI Acute respiratory infection, see there ") announced that an aggregate of 73,276 shares of the company's outstanding 6 percent Junior Cumulative Convertible Preferred Stock Convertible Preferred Stock Preferred stock that includes an option for the holder to convert the preferred shares into a fixed number of common shares, usually anytime after a predetermined date. Also known as "convertible preferred shares". , Series B ("Series B Preferred Stock") have been acquired by ARI officers and directors (36,638 shares) and by an investment group (36,638 shares), a member of which includes an officer/director of the company. There are currently 425,000 Series B Preferred shares outstanding. CONTACT: American Resources of Delaware Inc., Scottsdale Investor Relations, 602/945-9195 |
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