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NORTH AMERICAN TECHNOLOGIES GROUP, INC. EXECUTIVES ANNOUNCE AGREEMENT AND PLAN OF MERGER WITH NORTH AMERICAN ENVIRONMENTAL GROUP, INC.

 MT. PLEASANT, Mich., Feb. 10 /PRNewswire/ -- North American Technologies Group, Inc. f/k/a/ Mail Boxes Coast to Coast, Inc. (NASDAQ: NATKC) (the company) announced on Feb. 8, 1993, the board of directors of the company approved an agreement and plan of merger (the agreement) with North American Environmental Group, Inc. (NAE) and Daily Mail, Inc., a wholly owned subsidiary of the company.
 Pursuant to the agreement, upon finalization of the agreement's terms and conditions:
 -- 1. All assets and liabilities of NAE shall become assets and liabilities of Daily Mail, Inc.; and
 -- 2. Each share of common stock of NAE shall be converted and exchanged for one share of common stock of the company.
 /delval/
 -0- 2/10/93
 /CONTACT: David Daniels of North American Technologies, 713-820-7804/
 (NATK)


CO: North American Technologies, Inc.; Mail Boxes Coast to Coast, Inc.;
 North American Environmental Group, Inc. ST: California, Michigan IN: SU: TNM


JS-MK -- PH014 -- 5169 02/10/93 12:41 EST
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Publication:PR Newswire
Date:Feb 10, 1993
Words:159
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