CONVERSION OF GLOBAL STONE COMMON SHARE PURCHASE WARRANTS.OAKVILLE, ONTARIO--(BUSINESS WIRE)--JUNE 1, 1995--GLOBAL STONE (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :GLS GLS - Guy Lewis Steele, Jr. ) Global Stone Corporation today announced that 4,427,200 Common Share Purchase Warrants were exercised prior to their expiry on May 31, 1995 out of a total of 4,600,000 Warrants issued in connection with the Company's Initial Public Offering in May 1993. The exercise price was $3 per Common Share. The total number of Global Stone Common Shares now in issue is 24,170,821. Funds received, which total $13,281,600, will be used for the continued growth of the Company in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Global Stone Corporation is a public company listed on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. . Headquartered in Oakville, Ontario, it is engaged in the extraction and processing of high purity limestones into lime, limestone powders and fillers, as well as construction aggregates, from operations in Ontario, Tennessee, Virginia and Michigan. CONTACT: Global Stone Corporation Mike Niblett, 905/815-1050 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion