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Global TeleMedia International Inc. announces warrant extension.


ATLANTA--(BUSINESS WIRE)--Dec. 23, 1996--Global TeleMedia International Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
 BB:GTMI GTMI Go to Market Initiative ) announced Monday that the term of its Redeemable Redeemable

Eligible for redemption under the terms of an indenture.
 Common Share Purchase Warrants (NASDAQ BB:GTMIW) has been extended from Dec. 31, 1996 to June 30, 1997.

In all other respects, the terms and conditions of the Redeemable Common Share Purchase Warrants remain in effect. Exercise of the Warrants is subject to state blue sky and federal securities law requirements, and the Warrants may not be exercised until such time as an amended a·mend  
v. a·mend·ed, a·mend·ing, a·mends

v.tr.
1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive.

2.
 registration statement has been declared effective by the Securities and Exchange Commission. Presently, the company does not have an effective registration statement.

Questions regarding the exercise of the Warrants should be directed to Melissa Hart
This page is about the politician; for the actress, see Melissa Joan Hart.


Melissa A. Hart (born April 4, 1962) is an American politician who is a former member of the United States House of Representatives for the Fourth Congressional District of
 of Global TeleMedia International Inc., phone 770/667-6088; fax 770/667-7896.

CONTACT: Global TeleMedia International Inc., Atlanta

Melissa Hart, Corporate Secretary

770/667-6088
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:142
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