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Gold/Mining/Energy : USA Video Interactive (US:ASE)

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To: tudor who wrote (1246)3/12/1998 7:27:00 PM
From: Sapper  Read Replies (1) of 1841
 
Financing update

USA Video Interactive Corp US
Shares issued 40,907,088 Mar 11 close $0.13
Thu 12 Mar 98 News Release
Mr Anton Drescher reports
The private placement of 1,250,000 units at $0.325 as announced in
Stockwatch August 15 1997, has been completed. The company has not yet
completed the private placement of 2,500,000 units at $0.15 as announced in
Stockwatch February 19.
Negotiations and due diligence regarding the company's acquisition of a 50%
equity interest in Callisto Media Systems are continuing and the
acquisition has not yet been finalized.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com
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