Canadian Chemical Reclaiming Announces Private Placement.CALGARY, ALBERTA--(BUSINESS WIRE)--Feb. 25, 1997-- Canadian Chemical(Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). CRL CRL - Carnegie Representation Language. Carnegie Group, Inc. Frame language derived from SRL. Written in Common LISP. Used in the product Knowledge Craft. . ) Canadian Chemical Reclaiming Ltd. ("CRL") today announced that it proposes to complete a private placement of up to 1,428,571 common shares of the Corporation at a purchase price of $0.35 per common share or an aggregate amount of $500,000. Proceeds from this private placement will be used for general working capital and it is anticipated that there will be no change of control as a result of the private placement. Completion of the private placement is subject to regulatory body approval. CRL is an Alberta based corporation offering chemical reclamation Reclamation A claim for the right to return or the right to demand the return of a security that has been previously accepted as a result of bad delivery or other irregularities in the delivery and settlement process. services to the natural gas processing Natural gas processing plants, or fractionators, are used to purify the raw natural gas extracted from underground gas fields and brought up to the surface by gas wells. The processed natural gas, used as fuel by residential, commercial and industial consumers, is almost pure and petrochemical refining industries through the utilization of its patented in house developed technology, with offices in Calgary, Alberta and Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the . Approved on behalf of the board of directors of: Canadian Chemical Reclaiming Ltd. "signed" by Mike Fillipoff President & Chief Executive Officer The Alberta Stock Exchange has neither approved nor disapproved of the contents of this Press Release CONTACT: Canadian Chemical Reclaiming Ltd. Mike Fillipoff, 403/ 543-6698 403/ 232-0203 (FAX) |
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