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Gold/Mining/Energy : United Industrial Services (UIS/ASE)
UIS 3.210+2.6%Jan 9 9:30 AM EST

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To: Frankly Speaking who wrote (73)9/13/1999 8:14:00 PM
From: Abbeydale  Read Replies (2) of 90
 
** NEWS OUT **

OK...

And then it hits $.38 ... just $.02 off its 52 week low? I just don't get it!!! (PHPI)

A


United receives approval of final prospectus
United Industrial Services Ltd UIS
Shares issued 62,237,710 Sep 10 close $0.43
Mon 13 Sept 99 News Release
Mr. Jim Norrie reports
The company has received receipts for the corporation's final prospectus
from the securities commissions in the provinces of British Columbia,
Ontario and Alberta. The final prospectus qualifies the distribution of 7.5
million common shares and 3.75 million warrants, issuable upon the exercise
of 7.5 million special warrants.
The company, as a result of the superior conductivity tests announced in
Stockwatch Aug. 16, 1999, is currently selling all the frac sand it can
produce at the Peace River plant. The plant is currently working 24 hours
per day, five days per week.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com
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