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MTC ELECTRONIC TECHNOLOGIES ANNOUNCES COMPLETION OF OFFERING

     MTC ELECTRONIC TECHNOLOGIES ANNOUNCES COMPLETION OF OFFERING
    RICHMOND, British Columbia, Nov. 14 /PRNewswire/ -- MTC Electronic Technologies Co. Ltd. (NASDAQ: MTCFD) announced that its offering of 2,283,333 shares of common stock, priced at $9.00 per share, has been completed by H.J. Meyers & Co., Inc., the managing underwriter of the offering.
    MTC Electronic Technologies is a Canadian based communications and distribution company serving the consumer electronics, facsimile and cellular telephone industries.  MTC distributes a broad line of consumer electronics products in Canada, Mexico and the United States.
    -0-        11/14/91
    /CONTACT:  Joseph N. Jaffoni or Felicia Vonella of Dewe Rogerson Inc., 212-688-6840/
    (MTCFD) CO:  MTC Electronic Technologies Co. Ltd. ST:  British Columbia IN:  CPR SU:  OFR SH-KW -- NY088 -- 4516 11/14/91 15:26 EST
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Publication:PR Newswire
Date:Nov 14, 1991
Words:128
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