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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE)

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To: John Paquet who wrote (1464)4/26/1999 1:57:00 PM
From: speculatingvalue  Read Replies (2) of 6016
 
CALGARY, April 26 /CNW/ - Global Thermoelectric Inc. (TSE: GLE) today
announced that as of this date 3,333,333 Common Share Purchase Warrants and
333,333 Agent's Warrants have been exercised, each for one Common Share of the
Corporation. This exercise represents all outstanding warrants for Global
Common Shares. As a result of the exercise, on April 26, 1999 Global had a
total of 20,376,350 Common Shares issued and outstanding.
Global Thermoelectric Inc. is the world's largest supplier of
thermoelectric power generation equipment for use in remote locations, and
produces crew compartment heaters for use in military vehicles. The
Calgary-based company is also quickly becoming a world leader in the fuel cell
development industry.
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