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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE)

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To: Ciao who wrote ()4/13/1999 8:05:00 AM
From: David Michaud  Read Replies (1) of 6016
 
NP says Global Thermoelectric up 400% in last three trading sessions

Global Thermoelectric Inc GLE
Shares issued 16,113,384 Apr 12 close $5.05
Tue 13 Apr 99 In the News
The National Post reports in its Tuesday, April 13, edition that Global Thermoelectric advanced $1.60 to $5.05, on volume of 3.6 million on the Toronto Stock Exchange, yesterday. The National Post's Garry Marr writes in his Market Action column that the Calgary-based developer of power generation equipment said yesterday it is working on expanding an existing business relationship with the United States army. Global Thermoelectric currently sells heaters for U.S. combat vehicles and says it recently received a development contract for a potentially larger market: Deploying
its technology in military service vehicles. The shares have risen more than 400 per cent over the past three trading sessions.
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