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Antares Resources announces reverse stock split.


GREAT NECK, N.Y.--(BUSINESS WIRE)--May 31, 1995--Antares Resources Corp. (NASDAQ/BB:ANTR) Wednesday announced a reverse split of one-for-four of the corporation's common shares, effective June 1, 1995.

The company's action reduces its common shares outstanding from 2,620,000 to 655,000 common shares. The Trust Company of New Jersey, Jersey City, acts as registrar See domain name registrar.  and transfer agent for Antares Resources Corp. stock.

Antares Resources Corp. is comprised of three corporations engaged in diversified diversified (di·verˑ·s  businesses: Caribbean Breeze International Inc., a Florida-based company which designs, produces and markets a new array of suncare products; Empire Energy Inc. which buys and sells pine wood products for fueling boilers of paper mills and recycling recycling, the process of recovering and reusing waste products—from household use, manufacturing, agriculture, and business—and thereby reducing their burden on the environment.  of cardboard Cardboard is a generic non-specific term for a heavy duty paper based product. Paperboard

Main article: Paperboard


Paperboard is a paper based material. It is often used for folding cartons, set-up boxes, carded packaging, etc.
 waste, chiefly in Georgia and Florida; and Cherokee Sun Corp., a development-stage company entering the private-label kitty-litter business. The raw material for the product is supplied by Medusa Cement cement, binding material used in construction and engineering, often called hydraulic cement, typically made by heating a mixture of limestone and clay until it almost fuses and then grinding it to a fine powder.  Co. at the Clinchfield, Ga., mining facility.

CONTACT: Antares Resources Corp., Great Neck

Joan Kushay, 516/466-8116
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Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 31, 1995
Words:162
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