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Gold/Mining/Energy : Unitec Int. Controls Inc. -- Ignore unavailable to you. Want to Upgrade?


To: dale w ruckle who wrote (175)2/18/1998 12:44:00 AM
From: John B. Smyth  Respond to of 856
 
The 2.2M shares are added to the current outstanding shares. I'm responding from home, so I don't have the current amount available. The warrants do not go to Union or Yorkton, but to the subscribers who took down the shares. A news release is required when any warrants or options are exercised.

Incidently, we have a group from Senepar, the water utility for the City of Curitiba, Brazil visiting us for factory acceptance testing of their system. They are already discussing a major expansion of their system, which they expect to award as early as this spring.

Regards,

John