Hello Eyewatch
***OFF THE WIRE***
Wednesday June 19, 10:13 am Eastern Time
Press Release
SOURCE: Mill City International Inc.
Mill City Clarification of Pending Reorganization With Pantera Enterprises Inc.
CALGARY, June 19 /CNW/ - MILL CITY INTERNATIONAL INC. ("Mill City" or the "Company") (MIY-TSX Venture) - Further to our press release of June 4, 2002 and in response to inquiries from shareholders, the Company wishes to clarify what will be the resulting share ownership upon completion of the previously announced reorganization. By way of an example, if a shareholder of Mill City currently owns 12,000 common shares, upon completion of the reorganization such a shareholder would then own 1,000 shares of the renamed "E3 Energy Inc." and 3,000 common shares of what is presently Pantera Enterprises Inc., subject to changing the name of Pantera.
"Larry D. Revitt"
Larry D. Revitt, President
The Canadian Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.
For further information
MILL CITY INTERNATIONAL INC., Larry D. Revitt, President, Tel: (403) 640-0110
I guess we had better hope that E3 is worth a dollar-twenty/share! :-(
Regards
Vaughn |
