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CHALLENGER INTERNATIONAL FILES AMENDED PROSPECTUS

CHALLENGER INTERNATIONAL FILES AMENDED PROSPECTUS
 HAMILTON, Bermuda, Sept. 30 /PRNewswire/ -- Challenger International, Ltd. (NASDAQ: CSTIF), announced today that it had filed an amended prospectus with the Ontario and British Columbia Securities Commissions for the issuance of 4,375,000 Special Restricted voting shares at a price of US$0.80 per share. The company stated that the price of the issue was reduced to US$0.80 from US$1.00, reflecting current market conditions.
 -0- 09/30/92
 CONTACT: Challenger International public relations, 809-295-8639, or fax, 809-292-5560
 (CSTIF) CO: CHALLENGER INTERNATIONAL, LTD. -- NY065 -- X597 09/30/92
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Publication:PR Newswire
Date:Sep 30, 1992
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