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Gold/Mining/Energy : ECGOF: Anyone following this company?
ECX 1.860-1.3%3:59 PM EST

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To: Climber who wrote (172)3/4/1997 2:54:00 PM
From: Frederick Menslage   of 269
 
The total cost
to American Eco was partially funded by a placement by American
Eco of US$15.0 million 9.5 percent 10 year Convertible Debentures,
to US institutional investors convertible after 181 days into the
common shares of American Eco at a price based on a formula of the
market price of the shares at the time of conversion.

Does anybody know how many shares the conversion will add to the shares out standing?

FM
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