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Biotech / Medical : IMMUNE NETWORK RESEARCH (VSE:IMM)

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To: pete meyer who wrote (25)3/4/1997 9:59:00 PM
From: burner   of 134
 
Pete:
Immune Network Research Ltd. - News Release

Shareholder approval sought for asset acquisition

Immune Network Research Ltd. IMMShares issued 199704521997-02-10 close $0.16Tuesday Mar 4 1997News ReleaseMr Robert Gayton reports Notice has been given for the 1997 AGM which will be held on May 22 1997. In addition to general business matters, the board of directors intends to place before the shareholders a resolution with respect to the asset acquisition agreement between the company and Bio-Fluorescent Technologies Inc which was announced in Stockwatch, February 11 1997. Both companies are moving forward with due diligence required under the agreement which would result in BFTI acquiring the assets of the company in exchange for approximately 9,000,000 shares of BFTI. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com

Dan)
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