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

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To: Kurt Topp who wrote (92)10/21/1997 1:56:00 PM
From: John Marcinko  Read Replies (1) of 209
 
Carbite Golf: 17 Percent Sales Increase In Third
Quarter of 1997
October 16, 1997

Carbite Golf (VSE: CAB) is pleased to announce that its sales for
the 3rd quarter ending September 30, 1997 increased by 17
percent to approximately $2.9 million US due in part to a better
than expected sell-through at the retail level. As a result, the
Company has decided to limit the offering announced in its press
release on September 30, 1997 to $5,000,000 Canadian and is
making efforts to have this amount reduced even further. The final
quarter numbers should be available in thirty (30) days.
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