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Concert Industries: Corporate Update.


VANCOUVER, BRITISH COLUMBIA--(BUSINESS WIRE)--Aug. 15, 1997-- CONCERT IND. (ME CNG CNG Compressed Natural Gas
CNG Calling (Tone)
CNG Comfort Noise Generation
CNG Cryptography Next Generation (Microsoft Windows Vista)
CNG Centre National de Génotypage
.) Concert Industries Ltd. (the "Company") and Mercer mer·cer  
n. Chiefly British
A dealer in textiles, especially silks.



[Middle English, from Old French mercier, trader, from merz, merchandise, from Latin merx
 International Inc., and its subsidiaries have agreed to an extension to September 15, 1997 to allow Mercer additional time to complete its review and advise the Company of its intention to proceed with the private placement of 3,300,000 units, as previously announced on July 18, 1997. In addition, the early maturity dates and the effective date of this conversion features under the Senior Secured Convertible Debenture Convertible Debenture

Any type of debenture that can be converted into some other security.

Notes:
For example, a convertible bond can be converted into stock.
 previously purchased by Mercer have been extended by one month.

CONTACT: Concert Industries Ltd.

Dieter Peter, 604/681-1008

604/681-2626 (fax)

E-mail: invrel@air-laid.com

Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
: http://www.air-laid.com/
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 15, 1997
Words:117
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