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MAGNETECH EXTENDS WARRANT EXERCISE DATE ADDITIONAL 20 DAYS

 MAGNETECH EXTENDS WARRANT EXERCISE DATE ADDITIONAL 20 DAYS
 FORT LAUDERDALE, Fla., July 27 /PRNewswire/ -- MagneTech Corporation (NASDAQ: TAPE) announced today it has extended the last date for exercise of its common stock purchase warrants until Aug. 31, 1992. Originally the last day for exercise had been set at July 31, 1992. The company says it wanted to make certain all holders of the warrants had been made aware of the call inasmuch as many of the warrants were in street name at brokerage firms and some may not have been informed on a timely basis.
 -0- 7/27/92
 /CONTACT: Donald Courtney of MagneTech Corporation, 305-835-2214/
 (TAPE) CO: MagneTech Corporation ST: Florida IN: SU:


JB-AW -- FL012 -- 3677 07/27/92 16:46 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jul 27, 1992
Words:123
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