NEWS RELEASE - no new news, no name change.
January 29, 1998
Annual General Meeting
BPI INDUSTRIES INC. ("BPR-V;BPINF-L")
- Annual General Meeting
Lakhwindar Janda, Director of BPI Industries Inc., announces that at the Company's upcoming Annual General Meeting
scheduled for January 29, 1998, shareholder of BPI will be voting on a special resolution to alter BPI's Memorandum to effect
a subdivision of BPI's share capital on a one common share to two common shares basis. BPI currently has 10,560,114
common shares outstanding and accordingly, 21,120,228 common shares will be outstanding after the subdivision. BPI's name
will not be changed in conjunction with the subdivision.
BPI wishes to subdivide its shares to allow the company greater flexibility in future financings.
The proposed subdivision is subject to shareholder approval, notice of the subdivision being accepted for filing by the
Vancouver Stock Exchange, and supporting documentation being accepted for filing by the Registrar of Companies for the
Province of British Columbia.
TEL: (604) 685-8688 Lakhwindar Janda, Director FAX: (604) 683-1797 TEL: (800) 803-3204 EMAIL:
info@bpi-industries.com |
