SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Revision History For: OFFSITE DATA SERVICES LTD.(OS)

No earlier versions found for this Subject.


Return to OFFSITE DATA SERVICES LTD.(OS)
 
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

bcjt