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Microcap & Penny Stocks : Mining/Internet Picks under $2 sh BUYS & SELLS $G-SPEC$

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To: G who wrote (80)5/18/1999 10:38:00 AM
From: AlphaCat  Read Replies (2) of 171
 
Autrex Inc / E-Net Canada

TORONTO, April 22 /1999 - Autrex Inc. (''AUT.A'' and ''AUT.B'' on the Toronto Stock Exchange) announced today that it
has entered into an agreement to amalgamate with e-Net (Canada) Financial Services Ltd. (''e-Net'').
The shareholders of e-Netwill receive up to 14.3 million of the up to 15.1 million shares to be outstanding after amalgamation.
Present Autrex shareholders will hold 500,000 shares of e-Net after consolidation of their present holdings. In addition, the minority
shareholders of Autrex will receive a cash dividend equal to their pro-rata share of the fair market value of Autrex's net assets.

A little bird tells me the deal will be done 2-4 weeks.

enetglobal.com
profiles.wisi.com

Add to this

BCE Emergis and e-Net Launch OME Internet Mortgage Origination Solution for Lenders' Web Sites
emergis.com

Anybody see any potential in all of this?

Thanx in advance

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