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Gold/Mining/Energy : Markatech - MKD (VSE)

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To: Luc Beaugrand who wrote (319)10/31/1998 9:54:00 PM
From: Ted Kosokowsky  Read Replies (2) of 416
 
This is the news release.

Markatech Industries Corporation -

Private placments and licencing agreement not completed

Markatech Industries Corporation
MKD
Shares issued 8,327,149
1998-10-28 close $0.1
Wednesday Oct 28 1998
Mr. R. Douglas McLean reports
The private placements announced in Stockwatch Oct. 15, 1997, May 29, 1998, and Aug. 6,
1998, were not completed. The letter of intent between the company and a private company
based in Montreal to provide a Francophone licence to Markatech's technologies, as
outlined in Stockwatch Dec. 9, 1997, did not culminate in a Francophone technology
licencing agreement due to a failure of the Montreal company to fulfill the licencing fee
payment terms.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com
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