Trooper Technologies Private Placement.VANCOUVER, British Columbia--(BUSINESS WIRE)--Sept. 12, 1997-- Trooper Technologies(VSE See DOS/VSE. VSE - Virtual Storage Extended TPP TPP thiamine pyrophosphate. Thiamine pyrophosphate (TPP) The coenzyme containing thiamine that is essential in converting glucose to energy. Mentioned in: Beriberi TPP 1. total plasma protein. 2. . ) Stan Lis, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Trooper Technologies Inc. (the Company) is pleased to announce that the Company has finalized the Private Placement (the Placement) for a total of CAD $9,238,730.00. The Company has issued 8,267,196 units at a purchase price of CAD $0.84 to the East Europe Development Fund Ltd. (the EEDF EEDF Electron Energy Distribution Function EEDF Eclaireuses et Eclaireurs de France (French: Girl Guides and Girl Scouts of France) ), managed by INVESCOInternational Ltd., and 1,732,804 units to Global Securities Corp.'s clients at a purchase price CAD $1.35. The East Europe Development Fund Ltd. was established eight years ago to participate in the investment opportunities in the fast growing economies of Central and Eastern Europe The term "Central and Eastern Europe" came into wide spread use, replacing "Eastern bloc", to describe former Communist countries in Europe, after the collapse of the Iron Curtain in 1989/90. . Presently, the EEDF has invested over USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 450 million throughout the region in both public and private equity. Mr. Lis, President of the Company has commented on the successful closing of this private placement: "This placement will allow us to bring four years of work into a reality and by the year 2001 we should own and operate seven Thermo Master (TM) plants in Poland, one in Hungary and one in the Chech Republic. I envisage Trooper to be the leader in the technology-based waste management industry in Central and Eastern Europe, setting the highest environmental standards and providing attractive returns on shareholders' investment". Trooper Technologies Inc. with offices in Vancouver, Warsaw and Budapest has the exclusive licence to utilize patented thermophilic ther·mo·phil·ic adj. Requiring high temperatures for normal development, as certain bacteria. process in 14 countries in Central and Eastern Europe. The technology converts any type of solid organic waste into high protein animal feed supplement in compact and environmentally friendly Thermo Master (TM) plants. The Board of Directors of the Company is also once more pleased to announce the recent launching of the Company's new web site - www.trooper.com . The new web site contains the updated business plans for the Company's expansion into Poland and Eastern Europe. This news release has been prepared by management of the company who takes full responsibility for its contents. On behalf of the Board of Directors of Trooper Technologies Inc. Per: Glenn Little, Vice President and Director 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). neither approves nor disapproves of the contents of this news release. CONTACT: Trooper Technologies Inc. Glenn Little, 604/669-2826 FAX: 604/669-2836 trooper@res.com |
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