ICCN (Integrated Carbonics Corporation) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : ICCN (Integrated Carbonics Corporation)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jonathan S. Thompson who wrote (34)	2/4/1998 11:22:00 AM
From: FARRIS	Read Replies (1) of 193

I missed this one because I was too busy playing MIDL! Nothing we are not aware of, but nice to see it in black and white. LOOK AT WHO IS AUDITING THEM!!!!!!!!!!!!!!!!!!!!!!!!!!!! Eric NEWS RELEASE For Immediate Release January 27, 1998 Trading Symbol: ICCN (OTC:BB) PRIVATE PLACEMENT CLOSED; AUDITORS APPOINTED Integrated Carbonics Corp. announced today that it has closed a Private Placement previously announced on January 6, 1998. The Private Placement consisting of 2,300,000 units was fully subscribed at a price of $0.10 per unit. Each unit consists of one share and one share purchase warrant exercisable at a price of $0.33 each for a period of six months from today's close date. The Company undertook the Private Placement pursuant to exemptions from registration provided by Section 3(b) Regulation D and Rule 504 to raise a total of US $989,000. The funds will be used in part for detailed engineering design of the Phase 1 plant construction. The Company further announces the appointment of the accounting firm Deloitte and Touche as the Company's auditors. The Vancouver offices of Deloitte and Touche will begin an immediate audit of the Company's operations while the firms Beijing office will represent the Company's interest by performing audits of the Joint Venture Company in China on behalf of ICC. Integrated Carbonics Corp. is an 80% equity partner in a Sino-Foreign Equity Joint Venture with the Liumao Graphite Group of Heilongjiang Province in the People's Republic of China. The purpose of the joint venture is to construct and operate a value-added graphite processing plant at the site of the Liumao Mine near Jixi, China. The plant will produce higher value graphite products than those currently produced by the mine and sell the graphite products to the world's markets. Contact: Investor Relations: 1-888-734-7774 or Robert Tyson, Vice President, Corporate Communications - (604) 682-8445 E-Mail: info@carbonics.com Web Site: www.integratedcarbonics.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next