Anybody have any thoughts or info on this company!!I think this has huge upside now and in the future!!! Canadian Company Press Release
OS 1999-03-29 (provided courtesy of BCE Emergis E-News Services.) register to receive future releases by email from BCE Emergis E-News Services
OFFSITE DATA SERVICES LTD. CLOSES MAXIMUM OFFERING
CALGARY, ALBERTA--
Offsite Data Services Ltd. (the "Corporation") is pleased to announce that it has completed a closing of its public offering of 3,200,000 Units at $0.25 per Unit. Each Unit consists of one common share and one-half of one common share purchase warrant ("B Warrants"). Each whole warrant entitles the holder to acquire one common share at a price of $0.40 any time before 4:30 p.m. (Calgary time) on March 15, 2000. The Units were offered pursuant to a prospectus dated February 25, 1999 pursuant to which Yorkton Securities Inc. acted as agent. The prospectus also qualifies for distribution 1,407,919 A Warrants and 2,815,838 Common Shares issuable to holders of special warrants. The Corporation has been advised by The Alberta Stock Exchange that its Common Shares and B Warrants will commence trading on The Alberta Stock Exchange on Tuesday, March 30, 1999. The Common Shares of the Corporation will trade under the symbol "OS" and the B Warrants will trade under the symbol "OS.WT". The Corporation provides fully automated online data back-up, storage and retrieval services using Harbor" software. For further information please contact www.offsitedata.com or: Offsite Data Services Ltd. Trent A. Johnsen, President Telephone: (403) 216-6300 Fax: (403) 216-6301 THE ALBERTA STOCK EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED OF THE INFORMATION CONTAINED HEREIN
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