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Gold/Mining/Energy : Carbite Golf Inc. Vancouver-CAB

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To: eyewatch who wrote (83)9/2/1997 12:31:00 PM
From: John Marcinko   of 209
 
Well, another news release out on Friday...

Carbite Golf has acquired an 80% interest in Printers Graphics Inc.

(Sorry, but since I saw the release on Bloomberg I'm not able to copy and post it here.)

I don't think this is significant news one way or the other, but it sounds a little weird that a golf co would acquire a printing co.

Apparently the printing co "will be able to assist Carbite Golf in the production and development of printing materials". If anyone has any further info or comments re: the acquisition I would appreciate haring them...

-John

(By the way, CAB currently up $0.08 at $1.09.)
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