BlueStar announces a private placement with Essex Investments.VANCOUVER, British Columbia--(BUSINESS WIRE)--Sept. 12, 1996-- BLUESTAR BATTERY SYSTEMS (Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). : BHW BHW Beamten Heimstätten Werk (German Building Society) BHW Boiler Hot Water BHW Brick Headwall BHW Blackman-Harris Window Function BHW Binary Halfword ) BlueStar Battery Systems International Corp. ("BlueStar") announces a private placement with Singapore-based Essex Investments (S) Pte Ltd PTE LTD Private Limited . ("Essex") in which Essex will purchase 1 million shares of BlueStar at $4.65 per share with 1 million share purchase warrants to purchase a further 1 million shares of BlueStar at $5.15 per share for two years. BlueStar is a North Vancouver-based developer, manufacturer and marketer of advanced lithium batteries for military and commercial markets. Typical applications of BlueStar's products include portable communications equipment, emergency locator transmitters and remote sensing Deriving digital models of an area on the earth. Using special cameras from airplanes or satellites, either the sun's reflections or the earth's temperature is turned into digital maps of the area. equipment. Advanced lithium batteries offer a long shelf life (up to ten years) and excellent low temperature operating capability. BlueStar Battery Systems International Corp. trades on the Alberta Stock Exchange under the symbol BHW. CONTACT: BlueStar Battery Systems International Corp. Greg Agar Agar, in the Bible Agar (ā`gər), the same as Hagar. agar, substance obtained from seaweed agar (ä`gär, ā`–, ăg`är) , 604/681-0363 or 800/806-5611 or BlueStar Battery Systems International Corp. Dr. Lynn Marcoux, 604/986-4104 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion