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BRIO INDUSTRIES INC. ANNOUNCES SHARE ACQUISITION

 VANCOUVER, British Columbia, Oct. 12 /PRNewswire/ -- Hermann J. Riepl, president of Brio Industries (Vancouver: BNI), reports, pursuant to section 93 of the Securities Act (British Columbia), that it has acquired 74,149 shares in the capital of International Nesmont Industrial Corp. bringing its holdings to 874,200 shares, or 12.76 percent of the 6,849,455 issued and outstanding shares in the capital of Nesmont. The Nesmont shares were acquired on the conversion of outstanding convertible debentures issued by Nesmont, for investment purposes. Those persons who might be considered to be acting jointly and in concert with Brio in connection with the securities of Nesmont are Gunnar Vogel and Hermann Riepl, who hold 2,357 and 2,857 Nesmont shares, respectively.
 -0- 10/12/93
 /CONTACT: Hermann J. Riepl, Brio Industries, 604-436-5876/
 (BNI.)


CO: Brio Industries Inc. ST: British Columbia IN: SU:

JL -- LA040 -- 1274 10/12/93 16:21 EDT
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Publication:PR Newswire
Date:Oct 12, 1993
Words:152
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