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Gold/Mining/Energy : IVS could be the next "microsoft" in the automotive ind.

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To: Doug Heuring who wrote (53)7/31/1997 12:15:00 PM
From: Doug Heuring   of 183
 
Here is the latest news

Canada Stockwatch

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IVS Intelligent Vehicle Systems Inc -

100,000 unit financing

IVS Intelligent Vehicle Systems Inc IVMShares issued 148716031997-07-30 close $0.79Thursday Jul 31 1997Mr James McCarney reports The company has negotiated a private placement of 100,000 units. Each unit consists of one share at $0.70 and one warrant. The warrant will entitle the holder to purchase an additional share for one year at $0.70. The proceeds will be used for the continuing expansion of the company's engineering facilities and to complete pre-production units of Smartlink mobile failure detection systems. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com

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