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Gold/Mining/Energy : ZENON Environmental

ZEN 77.48

0.0%

Nov 21 4:00 PM EST

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To: Bannick who wrote (12)	8/5/1998 7:43:00 PM
From: Bannick	Read Replies (1) of 71

To All, ZENON recently announced that it has completed a secondary offering of additional shares. The new class to be a Non Voting Class A (ZEN.A) started trading on July 31st at $22.00 / share. Total proceeds from the offering (30Million) are to be used for membrane plant expansion to enable ZeeWeed membrane production to be able to sustain expected future growth. Press release is available, don't have the link handy at the moment. Regards to all. Mike B

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