Enterprise Development Completes $5,000,000 Unit Offering.CALGARY Calgary (kăl`gərē), city (1991 pop. 710,677), S Alta., Canada, at the confluence of the Bow and Elbow rivers. The largest city in Alberta and the fastest-growing major city in Canada, Calgary is a corporate, transportation, and financial , ALBERTA--(BUSINESS WIRE)--Feb. 14, 1997-- Enterprise (Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). : ED.) Enterprise Development Corporation, of Calgary, Alberta Alberta (ălbûr`tə), province (2001 pop. 2,974,807), 255,285 sq mi (661,188 sq km), including 6,485 sq mi (16,796 sq km) of water surface, W Canada. , announced today that it has completed a $5,000,000 Unit Offering with Canaccord Capital Corporation of Vancouver, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography . The Units consist of one common share and one-half of a share purchase warrant and are priced a $0.65. Share purchase warrants entitle en·ti·tle tr.v. en·ti·tled, en·ti·tling, en·ti·tles 1. To give a name or title to. 2. To furnish with a right or claim to something: the holder to acquire one common share for 12 months at $0.75. Proceeds of the offering will be utilized in Enterprise's international oil and gas operations. -0- The Alberta Stock Exchange has neither approved nor disapproved of the information contained herein. CONTACT: Canaccord Capital Corporation Doug Varley, 604/643-7537 (800) 663-1899 or Enterprise Development Corporation Garry Kilbourn, 403/ 237-6950 (888) 445-4099 or Enterprise Development Corporation Larry Wagar, 403/ 237-6950 (888) 445-4099 or Enterprise Development Corporation John Pipe, 416/ 340-2756 |
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