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CIRCO CRAFT warrants.


MONTREAL, Quebec--(BUSINESS WIRE)--Dec. 8, 1995--CIRCO CRAFT CO. INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic.

Antonym: dec.
.(ME, TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
:CCC CCC

A very speculative grade assigned to a debt obligation by a rating agency. Such a rating indicates default or considerable doubt that interest will be paid or principal repaid. Also called Caa.
) As was confirmed by Circo Craft in a press release dated November 21, 1995 regarding the exercise of the Warrants expiring December 15, 1995, newly issued Circo Craft Common shares are eligible for inclusion in a stock savings plan Stock Savings Plan

In Canada, a plan wherein some provinces will provide a tax credit for provincial income taxes to residents who spend their income on certain investments.

Notes:
The purpose is to encourage residents to invest in the provincial economy.
 ("QSSP QSSP Quantum and Solid State Physics ") under the provisions of the Taxation Act (Quebec), while Circo Craft common shares acquired from among those reserved by the Selling Shareholders are not QSSP eligible.

Two hours before the close of business, December 8, 1995, a total of 241,480 of the 1,350,000 QSSP eligible shares remained available for subscription pursuant to the exercise of Warrants. A daily update of the number of warrants available may be obtained by contacting Kathie Bunch, Montreal Trust Company at 982-7644.

Montreal Trust Company's obligation to comply with requests for QSSP eligible shares will remain in effect only so long as it shall continue to have QSSP eligible shares at its disposal.

For further details regarding the eligibility of unissued Circo Craft common shares for QSSP purposes, reference is made to the press release issued by Circo Craft on November 21, 1995, copies of which are available on request.

CONTACT: Madeline Gareau

Senior Director, Human Resources and

Communications

(514) 694-8400
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 8, 1995
Words:212
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