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Gold/Mining/Energy : Altair Nanotechnologies -- Ignore unavailable to you. Want to Upgrade?

To: Rajiv who wrote (420)	8/14/1998 11:01:00 AM
From: Rajiv	Read Replies (1) \| Respond to of 603

From the 10-Q (filed today) Revenues - 0.00 Loss - 0.54 millions Cash - 7.07 millions During the three-month period ended June 30, 1998, holders of the convertible debentures elected to convert $1,750,000 principal amount of the debentures and $39,792 of accrued interest. The conversions were made at a conversion rate equal to 92% of the average price of the common shares of the Company (the "Common Shares") for the five trading days prior to the submission of the notice of conversion by the holders. These conversions resulted in the issuance of 252,583 Common Shares. Regards. Rajiv