PRESS RELEASE...Here's it is - I found it via Carlson on-line
1997-08-26 (provided courtesy of Canadian Corporate News)
Carbite Golf Announces Consulting Agreement with the Watkins Group Inc. and Directors
Incentive Stock Options
VANCOUVER, BRITISH COLUMBIA--The Company is pleased to announce
that it has entered into a consulting agreement (the "Agreement")
with The Watkins Group Inc., the principal of which is David
Watkins, a director and Vice-Chairman of the Company. The Watkins
Group Inc. will assist the Company with providing corporate
administration, management, financial, strategic planning,
marketing, advice on mergers and acquisitions and public relations
consulting services during the term of the Agreement.
In consideration for Mr. David Watkins joining the Board pursuant
to the terms of the Agreement, the Company has agreed to allocate
him 450,000 options for a 3 year term exercisable at a price of
$1.50 Canadian per share subject to appropriate regulatory
approval.
This Press Release was prepared on behalf of the Board of
Directors by the undersigned who accepts full responsibility for
its contents.
ON BEHALF OF THE BOARD
RONALD L. REIMER,
Director, Carbite Golf Inc.
-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
Lewis, England & Associates, Inc.
(501) 376-0222
(501) 376-6690 (FAX)
1-888-376-3900 US/CAN
or
Martyn Element & Associates
Martyn Element
Corporate and Project Finance Ltd.
(604) 687-6820
(604) 687-6328 (FAX)
1-800-505-5655 US/CAN
or
Martyn Element & Associates
Johan Grandin
Corporate and Project Finance Ltd.
(604) 687-6820
(604) 687-6328 (FAX)
1-800-505-5655 US/CAN
The Vancouver Stock Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
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