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Q-STEAKS, INC. MAKES INITIAL PUBLIC OFFERING OF 1.2 MILLION SHARES

 MINNEAPOLIS, Dec. 9 /PRNewswire/ -- Q-Steaks, Inc. (NASDAQ: QSTK), announced today that its registration statement has become effective and an initial public offering of 1.2 million shares of common stock priced at $6 per share is being made by an underwriting syndicate managed by John G. Kinnard and Company, Inc., Minneapolis. The underwriters have an option to buy an additional 180,000 shares to cover over-allotments.
 The company's common stock has begun trading on the NASDAQ Small-Cap Market under the symbol: "QSTK."
 Q-Steaks, based in Minneapolis, currently operates three "Minnesota Steakhouse" restaurants in the suburban Twin Cities area, and intends to expand its north woods steakhouse concept in selected markets in the northern tier of the United States under the name "P. Bunyan's Steakhouse."
 This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. The offering may be made only by a written prospectus meeting the requirements of Section 10 of the Securities Act of 1933. Copies of the prospectus may be obtained from John G. Kinnard and Company, Inc., 1700 Northstar West, Minneapolis, Minn., 55402; 612/370-2700.
 -0- 12/9/93
 /CONTACT: John Swenson of Swenson/Falker Associates, 612-371-0000, for Q-Steaks; or Richard Briden of Q-Steaks, 612-541-1313/
 (QSTK)


CO: Q-Steaks, Inc. ST: Minnesota IN: FOD SU: OFR

DB-AL -- MN009 -- 2272 12/09/93 14:23 EST
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Publication:PR Newswire
Date:Dec 9, 1993
Words:260
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