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Cypango Ventures - Special Warrant Private Placement.


VANCOUVER Vancouver, city, Canada
Vancouver, city (1991 pop. 471,844), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver Island and just N of the Wash. border.
, British Columbia--(BUSINESS WIRE)--June 7, 1996--The company wishes to announce that it has received approval from 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).
 (the "Exchange") to the re-pricing of the Special Warrant Private Placement of 1,000,000 Special Warrants at $2.04 per Special Warrant, which offering was announced by way of news release dated April 18, 1996.

The adjusted price per Special Warrant will be $1.56. Each non-transferable Share Purchase Warrant will be convertible to one common share of the company, at $1.56 during the first year and $1.80 during the second year.

As well, the date by which final Private Placement documentation must be filed with the Exchange has been extended to July July: see month.  15, 1996.

All other terms and conditions of the Private Placement remain unchanged.

ON BEHALF OF THE BOARD OF

CYPANGO VENTURES LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability .

William William, crown prince of Germany
William or Frederick William, 1882–1951, crown prince of Germany, son of William II. In World War I he commanded (1914) an army on the Western Front and was nominal commander in the German attack
 D. Friesen

President and Director

-0-

The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

CONTACT: Cypango Ventures Ltd.

William D. Friesen, 604/688-6306

1-800/545-7214 604/688-9519 (Fax)
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Business Wire
Date:Jun 7, 1996
Words:185
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