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MAIN ST. & MAIN INC. ANNOUNCES CALL OF COMMON STOCK PURCHASE WARRANTS

 SCOTTSDALE, Ariz., March 1 /PRNewswire/ -- Main St. & Main Inc. (NASDAQ: MAIN, MAIN-W) (the "company") announced that effective Friday, Feb. 26, 1993, it had called its common stock purchase warrants issued in connection with the company's 1991 public offering of units. The warrants must be exercised on or before the close of business on Thursday, April 8, 1993, or they will be redeemed by the company at a price of $.05 per warrant, unless the warrant redemption is extended or terminated in the sole discretion of the company. Each warrant entitles the holder to purchase one share of the company's common stock at a price of $5 per share. Warrants must be exercised through a broker-dealer registered with the National Association of Securities Dealers Inc. and any applicable state authorities. Warrants also may be exercised directly through American Securities Transfer Inc., the company's warrant and transfer agent. Notice of redemption of the warrants is being mailed to registered holders of the warrants.
 -0- 3/1/93
 /CONTACT: Robert McGeorge of Main St. & Main, 602-951-3200/
 (MAIN MAIN-W)


CO: Main St. & Main Inc. ST: Arizona IN: SU:

BP-EH -- SD003 -- 1582 03/01/93 16:28 EST
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Publication:PR Newswire
Date:Mar 1, 1993
Words:193
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