Brownstone Arranges For Placement of Flow Through Shares.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)--April 3, 1996-- BROWNSTONE brownstone, red to brown variety of sandstone. Its unusual color is caused in some instances by the presence of red iron oxide which acts as a cement, binding the sand grains together. (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. : BWNI ) Brownstone Investment Inc., (the "Company"), announces that it has today agreed with Gorinsen Capital Inc. that it will act as agent of the Company to place a minimum of 250,000 units and a maximum of 1,000,000 units. Each unit will be priced at $1.71 and consist of a 1996 flow-through common share and a 1/2 common share purchase warrant, each warrant exercisable at $2.00 to purchase a further common share within 2 years. Agents commissions of up to 7 percent may be payable in respect of subscriptions. Brownstone Investment Inc. is an investment company which holds interests in natural resource properties as well as in the field of genetic technology. The common shares of Brownstone Investment Inc. trade over the counter and trades are quoted by the Canadian Dealing Network under the symbol "BWNI". CONTACT: Brownstone Investment Inc. Sheldon
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