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GLENEX INDUSTRIES DELISTING FROM NASDAQ SMALL-CAP MARKET

 TORONTO, Canada, Jan. 8 /PRNewswire/ -- Glenex Industries Inc., (NASDAQ: GLXIF; VSE: GXI) today announced that the Nasdaq Stock Market will delist Glenex Shares from its Small-Cap Market as of 10 business days after Dec. 31, 1992. The corporation no longer meets the minimal requirements for continued listing of its common stock. Glenex will apply to the OTC Bulletin Board in the United States for the trading of its common shares. The company's shares will continue to trade on the Vancouver Stock Exchange.
 -0- 1/8/93
 /CONTACT: Norman Glick, president, or Elaine N. Carlebach of Glenex Industries Inc., 416-962-9292, or fax, 416-962-8730/
 (GLXIF)


CO: Glenex Industries Inc. ST: Ontario IN: ENT SU:

AH-OS -- NY036 -- 3053 01/08/93 13:05 EST
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Publication:PR Newswire
Date:Jan 8, 1993
Words:121
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