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Digital Courier International - public offering.


VANCOUVER, BRITISH COLUMBIA--(BUSINESS WIRE)--Dec. 23, 1996-- Digital Courier International (Alberta Stock Exchange Alberta Stock Exchange

See Canadian Venture Exchange (CDNX).
 DIC DIC diffuse intravascular coagulation; disseminated intravascular coagulation.

DIC
abbr.
disseminated intravascular coagulation


Disseminated intravascular coagulation (DIC) 
.) Mr. E. Lynn Patterson, the Chairman and Chief Executive Officer of Digital Courier International Corporation, announced today that trading in the common shares of Digital Courier International Corporation on the Alberta Stock Exchange was halted this morning, at the request of the Company, to permit the dissemination of information regarding the Company's proposed public offering.

The public offering has been previously announced by the Company. CIBC Wood Gundy CIBC Wood Gundy was created in 1988 with the purchase of Wood Gundy Inc. by CIBC. CIBC Wood Gundy is a division of CIBC World Markets.

Canadian Imperial Bank of Commerce
Chief Executive Officer: Gerald T. McCaughey | FY 2006 Statistics: Net income: $2.
 Securities Inc. and RBC Dominion Securities
This article is about the RBC Dominion Securities full service brokerage brand. For the corporate and investment banking division of the Royal Bank of Canada, see RBC Capital Markets.
 Inc., the underwriters for the public offering, have advised DCI (Display Control Interface) An Intel/Microsoft programming interface for full-motion video and games in Windows. It allowed applications to take advantage of video accelerator features built into the display adapter.  that they intend to market the offering in the proximity of $2.00 per common share. The offering, which is anticipated to close in January, 1997, is subject to the filing of a final prospectus Final Prospectus

A legal document stating the price of a newly issued security, the delivery date, and other facts that are important for investors.

Notes:
The final prospectus must be given to every investor who purchases a new issue of registered securities.
 and other regulatory approvals.

The Company also announced that, in conjunction with the offering, it intends to issue rights to shareholders of record as of the close of business on the day immediately preceding the completion of the public offering to acquire common shares at the same price as the offering price under the public offering. The proposed rights offering is subject to regulatory approvals.

The common shares of Digital Courier International Corporation will resume trading following dissemination of this press release.

Digital Courier International Corporation is a leading supplier of electronic distribution and communication services for the radio broadcast industry in Canada and the United States The United States and Canada share a unique legal relationship. U.S. law looks northward with a mixture of optimism and cooperation, viewing Canada as an integral part of U.S. economic and environmental policy. .

NOTE: The Alberta Stock Exchange has neither approved nor

disapproved of the information contained herein.

CONTACT: Digital Courier International Corporation

Don Myers, 604/602-2480

1-800-663-8013 (US Toll Free)

dmyers@bc.sympatico.ca

or

Digital Courier International Corporation

E. Lynn Patterson, 604/415-3300

800/909-7888 (Toll Free) (FAX)

Visit DCI on the Internet

http://www.digitalcourier.com
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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Publication:Business Wire
Date:Dec 23, 1996
Words:297
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