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BATTERY ONE-STOP INC. RECHARGES CASH

 VICTORIA, Ontario, Oct. 25 /PRNewswire/ -- Battery One Stop Inc., (the "corporation"), a specialty retailer of batteries and battery- related products operating over 65 locations through the United States and Canada, announced today that it has completed an exempt acquisition of a private Alberta Corporation, having cash assets of about $1.3 million Canadian funds, in exchange for approximately 3.6 million common shares of the corporation at a deemed price of approximately $0.36 per share. As well, in a separate transaction, Marleau, Lemire Securities Inc., the corporation's fiscal advisor and agent, has arranged and completed a private sale of 1.1 million shares of the corporation, on a secondary placement basis.
 R. Bruce Freeman, managing director of the corporation, explains that these funds will be used initially in the corporation's U.S. operations to increase inventory levels, especially for the Thanksgiving and Christmas season, plus add a few new locations. After Christmas, the corporation will invest surplus cash in expansion. After securing prime locations, the corporation intends to expand to a 100 store chain during its fiscal year.
 The Alberta Stock Exchange has neither approved nor disapproved the contents of this news release.
 -0- 10/25/93
 /CONTACT: R. Bruce Freeman, managing director of Battery One-Stop, 416-540-4494, or fax, 416-963-8392/


CO: Battery One-Stop Inc. ST: Ontario IN: REA SU:

TM -- NY126 -- 6627 10/25/93 20:03 EDT
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Publication:PR Newswire
Date:Oct 25, 1993
Words:229
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