Printer Friendly

RCM TECHNOLOGIES, INC. EXTENDS EXPIRATION DATE OF ITS CLASS C WARRANTS

 RCM TECHNOLOGIES, INC.
 EXTENDS EXPIRATION DATE OF ITS CLASS C WARRANTS
 PENNSAUKEN, N.J., May 15 /PRNewswire/ -- RCM Technologies, Inc. (NASDAQ: RCMT; BSE: RMT) today announced its Board of Directors has extended the expiration date of the company's Class C Common Stock Warrants from June 1, 1992 to October 1, 1992. The warrants are exercisable at $8.50 per share of Common Stock.
 Leon Kopyt, President and Chief Operating Officer commenting on the extension said: "The additional time given warrantholders will allow for an evaluation of the results of the technological study of the company's System "99" Advanced Flue Gas Control System currently going on."
 Mr. Kopyt added: "The company's Board of Directors will continue to review the appropriateness of the exercise price of the Class C Warrants as compared to the market price of the company's common stock."
 RCM Technologies, Inc., through its Intertec Design subsidiary, is primarily involved in providing professional engineering and technical services through 12 offices nationwide, to major corporations in aerospace, chemical and industrial manufacturing. RCM is also involved in the development and marketing of its proprietary System "99", which is designed to control hazardous emissions from smoke stacks, a major cause of acid rain.
 -0- 5/15/92
 /CONTACT: Leon Kopyt, president of RCM Technologies, 609-486-1777/
 (RCMT) CO: RCM Technologies Inc. ST: New Jersey IN: SU:


SH -- NY033 -- 0630 05/15/92 09:54 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:May 15, 1992
Words:231
Previous Article:DETROIT EDISON JOINS FORCES WITH THE SALVATION ARMY IN THIS MONTH'S NEWSLETTER 'BRIGHT IDEAS'
Next Article:PLAINS PETROLEUM DECLARES DIVIDEND
Topics:


Related Articles
RCM TECHNOLOGIES EXTENDS EXPIRATION DATE OF ITS CLASS C WARRANTS
AMERICAN OPPORTUNITY SEARCH EXTENDS EXPIRATION DATE OF COMMON STOCK PURCHASE WARRANTS
RCM TECHNOLOGIES, INC. ANNOUNCES EXTENSION AND PRICE REVISION OF CLASS C WARRANTS
RCM TECHNOLOGIES, INC. ANNOUNCES EXTENSION OF CLASS C WARRANTS
RCM TECHNOLOGIES, INC. ANNOUNCES EXTENSION OF CLASS C WARRANTS
RCM Technologies, Inc. Announces Extension of Class C Warrants
RCM Technologies, Inc. Announces Extension of Class C Warrants
KRUG International Corp. Extends Warrants Expiration Data.
/FROM PR NEWSWIRE ATLANTA 404-231-1814/ TO BUSINESS EDITOR:.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters