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Carbite Golf Announces Consulting Agreement with the Watkins Group Inc. and Directors Incentive Stock Options.


VANCOUVER, BRITISH COLUMBIA--(BUSINESS WIRE)--Aug. 26, 1997-- Carbite Golf Inc.(VSE See DOS/VSE.

VSE - Virtual Storage Extended
 CAB) The Company is pleased to announce that it has entered into a consulting agreement (the "Agreement") with The Watkins Group Inc., the principal of which is David Watkins David Watkins may refer to:
  • David Watkins (harpist)
  • David Watkins (Australian politician) (died 1935), Member of the Australian House of Representatives 1901–1935
, a director and Vice-Chairman of the Company. The Watkins Group Inc. will assist the Company with providing corporate administration, management, financial, strategic planning, marketing, advice on mergers and acquisitions and public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most  consulting services during the term of the Agreement.

In consideration for Mr. David Watkins joining the Board pursuant to the terms of the Agreement, the Company has agreed to allocate him 450,000 options for a 3 year term exercisable at a price of $1.50 Canadian per share subject to appropriate regulatory approval.

This Press Release was prepared on behalf of the Board of Directors by the undersigned un·der·signed  
adj.
1. Having signatures or a signature at the bottom or end. Used of documents.

2. Signed or having signed at the bottom or end of a document:
 who accepts full responsibility for its contents. -0- ON BEHALF OF THE BOARD RONALD RONALD Rocketborne Optical Neutral gas Analyzer with Laser Diodes  L. REIMER, Director, Carbite Golf Inc. -0- The Vancouver Stock Exchange Vancouver Stock Exchange (VSE)

A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies.


Vancouver Stock Exchange

See Canadian Venture Exchange (CDNX).
 has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

CONTACT: Lewis, England & Associates, Inc., 501/376-0222

501/376-6690 (FAX)

1-888-376-3900 US/CAN

or

Martyn Element & Associates

Martyn Element, 604/687-6820

604/687-6328 (FAX)

1-800-505-5655 US/CAN

or

Martyn Element & Associates

Johan Grandin, 604/687-6820

604/687-6328 (FAX)

1-800-505-5655 US/CAN
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 26, 1997
Words:224
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