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Microcap & Penny Stocks : CRYOPAK CII.V
CII 23.29+0.3%Dec 9 4:00 PM EST

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To: Brian MacDonald who wrote (161)4/19/1999 11:10:00 PM
From: Brian MacDonald  Read Replies (1) of 298
 
CRYOPAK INDUSTRIES INC ("CII-V") - John Morgan Receives $97,000
Forgiveable Interest-Free Loan

Leigh Jeffs, Director of CRYOPAK INDUSTRIES INC announces that further to the Company's News Release dated March 19, 1999, John Morgan has received a $97,000 forgiveable interest-free loan from Cryopak Corporation and has used the funds to close a $97,000 private placement with Cryopak Industries Inc. (125,000 common shares and 125,000 warrants). The securities are subject to a hold period expiring at midnight on July 18, 1999. TEL: (604) 685-3616

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