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Technology Stocks : Vanteck (vrb-cdnx, vttcf)

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To: dean poets who wrote (89)12/5/2001 8:41:33 AM
From: Dan P  Read Replies (1) of 413
 
Last piece to fall into place? News release:Hopefully, once the Australian listing is done with, Vanteck can go on with the business of developing the technology in North America with anticipated contracts, etc.

Regards

Dan

Vanteck (VRB) Technology Corp - News Release
Vanteck's Pinnacle bid to close Dec. 5; pulls ASX plug

Vanteck (VRB) Technology Corp VRB
Shares issued 26,712,806 Nov 27 close $1.30
Wed 28 Nov 2001 News Release
Mr. Rodney Duncan reports
Vanteck Technology is pleased that the company's one Vanteck share for
every four Pinnacle shares (1:4) unconditional bid for all of the issued
ordinary shares in Pinnacle VRB Limited will now close at 7 p.m. (Melbourne
time) on Wednesday, Dec. 5, 2001. The company's interest in Pinnacle
currently stands at approximately 60 per cent.
The company's supplementary bidder statement under Section 643 of the
Australian Corporations Act outlining the above has been lodged with the
Australian Securities and Investment Commission and Pinnacle and sent to
the Australian Stock Exchange (ASX).
The company further reports that its application for admission to the ASX
official list, which was filed on Oct. 21, 2001, will not be proceeding.
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