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Athena Medical announces termination of private placement.


PORTLAND, Ore.--(BUSINESS WIRE)--Oct. 29, 1996--Athena Medical Corp. (OTC Bulletin Board OTC Bulletin Board

An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system.
: AFEM AFEM Armed Forces Expeditionary Medal
AFEM Air Force Emergency Management (US Air Force) 
), doing business as A-FEM Medical Corp., announced that it has terminated its previously announced engagement of Sands Brothers & Co. Ltd.

Sands Brothers had been pursuing a private placement of equity on behalf of A-FEM Medical.

William H. Fleming, president of A-FEM Medical Corp., commented, "The company's board of directors determined it would not be in the best interests of the company and its shareholders to accept the terms offered by Sands Brothers. The company will pursue alternative funding arrangements but has no specific plans at this time."

Athena Medical Corp. (dba A-FEM Medical Corp.) manufactures and distributes feminine feminine /fem·i·nine/ (fem´i-nin)
1. pertaining to the female sex.

2. having qualities normally asociated with females.
 health care products and diagnostics on a worldwide basis.

CONTACT: Harris Massey Herinckx

Fletcher Fletcher may refer to one of the following: Ideas and companies
  • A fletcher makes arrows, see fletching.
  • Fletcher School of Law and Diplomacy, the graduate school of international relations of Tufts University, located in Medford, Massachusetts.
 Chamberlin, 503/295-1922
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Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 29, 1996
Words:128
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