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Gold/Mining/Energy : Meteor Technologies

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To: jerry janko who wrote (97)7/31/1999 7:28:00 PM
From: jerry janko   of 2127
 
Meteor arranges special warrant financing

Meteor Minerals Inc MMI
Shares issued 13,902,820 Jul 28 close $0.20
Thu 29 Jul 99 News Release
Mr. Jonathan George reports
The company has entered into a non-brokered private placement of 315,000
special warrants at a price of 20 cents per special warrant. Each special
warrant will entitle the purchaser to receive one unit of the company,
comprising one common share and one non-transferable share purchase warrant
exercisable for one share at 20 cents in the first year and at 25 cents in
the second year.
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