Concert Industries - Board Approves Private Placement.VANCOUVER, BC--(BUSINESS WIRE)--Nov. 29, 1995--CONCERT INDUSTRIES LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability (ME, VSE See DOS/VSE. VSE - Virtual Storage Extended :CNG CNG Compressed Natural Gas CNG Calling (Tone) CNG Comfort Noise Generation CNG Cryptography Next Generation (Microsoft Windows Vista) CNG Centre National de Génotypage ) The Board of Directors of Concert Industries Ltd. has approved a private placement and received subscriptions for 1,500,00 units at a price of $1.00 per unit. Each unit will consist of one common share and one share purchase warrant. Each two share purchase warrants will entitle the holder to purchase one additional common share at a price of $1.25 for a period of one year. The proceeds from the private placement will be used to supplement its working capital and proceed with its planned expansion into Europe. This private placement is subject to regulatory approval. On behalf of the Board of Directors Dieter Peter President and C.E.O. Concert Industries Ltd. Note to Editors: 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. Concert Industries Ltd. is trading on The Montreal Exchange Montreal Exchange A Canadian derivatives exchange that facilitates the trading of stock options, interest rate futures and options, as well as index options and futures. Located in Montreal, Quebec, it is the country's main financial derivative market, while the Winnipeg and The Vancouver Stock Exchange under the symbol "CNG". CONTACT: Richard Nemeth Director of Corporate Affairs 604/681-1008 800/462-6623 604/681-2627 (FAX) REPEATS: New York 212-575-8822 or 800-221-2462; Boston 617-236-4266 or |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion