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Gold/Mining/Energy : ADI TECHNOLOGIES ( ADH-VSE mpeg compression technology)
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To: Savant who wrote (739)7/8/1999 7:16:00 PM
From: tom  Read Replies (1) of 825
 
News out:

ADI Technologies private placement

ADI Technologies Inc ADH
Shares issued 28,658,588 Jul 7 close $0.20
Thu 8 Jul 99 Private Placement
The Vancouver Stock Exchange has accepted for filing a non-brokered private
placement of:
No. of shares: 1,194,960 (first tranche)
Price: 25 U.S. cents
Warrants: For 1,194,960 shares
Wt exercise price: 75 U.S. cents in year one; $1.00 U.S. in year two
Placees: Frank Ryan 839,200; Kevin Steele 200,000; and Charles
Chiarelli 155,760
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