Biomin Therapeutic - Private Placement.VANCOUVER Vancouver, city, Canada Vancouver, city (1991 pop. 471,844), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver Island and just N of the Wash. border. , British Columbia--(BUSINESS WIRE)--Aug. 30, 1996--BIOMIN THERAPEUTIC(CANADIAN DEALING NETWORK Canadian Dealing Network (CDN) The organized OTC market of Canada. Formerly known as the Canadian Over-the-Counter Automated Trading System (COATS), the CDN became a subsidiary of the Toronto Stock Exchange in 1991. : BMIN BMin Bachelor of Ministry BMIN Bureau of Marine Inspection and Navigation (US Coast Guard) BMIN Bi-Directional Multistage Interconnection Network ) The Company proposes to issue, by way of private placement, a total of 2,000,000 Units of the Company at a price of $0.30 per Unit, each Unit consisting of one common share and one-half warrant. Each whole warrant, will entitle en·ti·tle tr.v. en·ti·tled, en·ti·tling, en·ti·tles 1. To give a name or title to. 2. To furnish with a right or claim to something: the holder to purchase one additional share of the Company at a price of $0.30 per share. The warrants will be non-transferable and will be exerciseable for up to two years. The foregoing is subject to applicable regulatory approval. BIOMIN THERAPEUTIC CORPORATION per: Ahmad Doroudian, President CONTACT: Biomin Therapeutic Corporation Ahmad Doroudian, 604/608-0450 |
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