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:
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 |
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