Printer Friendly

AIR RESOURCES RESCHEDULES ANNUAL MEETING OF SHAREHOLDERS

 WAVERLY, Va., July 13 /PRNewswire/ -- Air Resources Corp. (AIRR) (OTC Bulletin Board: AIRR) announced today that the annual meeting of shareholders scheduled for July 15, 1993 in Englewood, Colo. has been rescheduled for Aug. 18, 1993 in Waverly. Official notices and proxy statements will be mailed to shareholders of record in early August.
 AIRR also announced that its board of directors is in the process of reorganizing management of its gas recovery business in order to reduce overhead and better focus its efforts to sell gas recovery systems and equipment. AIRR further announced that its board is actively seeking private equity and/or long term financing to alleviate immediate cash flow difficulties, and that, as of May 31, 1993, total assets (unaudited) of AIRR were greater than $8,800,000, and total liabilities (unaudited) were less than $6,850,000. The board does not expect to pursue a follow on or secondary public offering of the corporation's securities, or an initial public offering of securities of any subsidiary, in the immediate future.
 AIRR is a Colorado corporation principally engaged, through its wholly owned subsidiary, Spurlock Adhesives Inc., in the manufacture of thermosetting resins used in the manufacture of building materials. AIRR also manufactures, installs and operates landfill gas recovery plants.
 -0- 7/13/93
 /CONTACT: H. Norman Spurlock Jr. of Air Resources, 804-834-3113/
 (AIRR)


CO: Air Resources Corp. ST: Virginia, Colorado IN: CST SU:

BB -- DV005 -- 0885 07/13/93 12:24 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jul 13, 1993
Words:243
Previous Article:CMS UNIT SIGNS MICHIGAN EXPLORATION DEAL
Next Article:BEAT THE HEAT: PREPARE YOUR VEHICLE FOR THE LONG, HOT SUMMER
Topics:


Related Articles
OUTLET COMMUNICATIONS INC. RESCHEDULES ANNUAL MEETING
FIRST CONSTITUTION FINANCIAL CORPORATION RESCHEDULES ANNUAL STOCKHOLDERS MEETING
AIR RESOURCES CORPORATION S-4 EFFECTIVE
Integral Systems Announces Rescheduling of Annual Shareholders' Meeting
Integrated Circuit Systems Postpones January 25, 1999 Annual Meeting of Shareholders.
Newcourt Credit Group postpones March 23 Annual General Meeting.
COMSAT Reschedules Annual Meeting of Shareholders.
Repap Enterprises Inc. Postpones Annual and Special Shareholders Meeting.
Statement re Annual and Special Meeting Rescheduled.
Arabian American Development Announces New Date for 2008 Annual Meeting of Shareholders.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters