Derlan Industries Limited Completes Sale of 5,500,000 Common Shares for $25,575,000.TORONTO--(BUSINESS WIRE)--Oct. 8, 1997--Derlan Industries Ltd. (TSE:DRL DRL - Bureau of Democracy, Human Rights and Labor (US State Department) DRL - Darth Real Life (Star Wars fanfiction) DRL - Data Required to Load DRL - Data Requirement List DRL - Date Required to Load DRL - Daytime Running Lights DRL - Decision Representation Language DRL - Department of Regulation and Licensing (real estate) DRL - Depot Level Repairables DRL - Descent Rate Limiter DRL - Distributed Research Library, DRL.PR.A) announced today that it has completed the previously announced sale of 5,500,000 common shares for gross proceeds of $25,575,000 to a group of Canadian underwriters comprised of Griffiths McBurney & Partners, First Marathon Securities Limited, Levesque Beaubien Geoffrion Inc. and Octagon Capital Corporation. CONTACT: Derlan Industries Limited J. David Williamson, 416/364-5852 |
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