EMR Microwave Technology (EMW.A) Message Board

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Gold/Mining/Energy : EMR Microwave Technology (EMW.A)

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To: Richard A Martijn who wrote ()	8/19/1999 6:05:00 PM
From: Richard A Martijn	of 397

* Press Release - August 18, 1999* EMR Microwave to sell six million units Privately EMR Microwave Technology Corp EMW Shares issued 34,905,989 Aug 18 close $0.35 Thu 19 Aug 1999 News Release Mr. James Tranquilla reports EMR Microwave Technology Corporation is currently undertaking a private placement of up to a maximum of six million units, priced at 26 cents per unit. Each unit will consist of one common share and one warrant to purchase another common share at 35 cents for up to two years from the date of closing. Insiders will participate in this placement, which is subject to regulatory approval. The proceeds of this financing will be used for the continued commercialization of EMR's proprietary mineral extraction technology.

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