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Gold/Mining/Energy : Magnifoam Tech MTG/ASE -- Ignore unavailable to you. Want to Upgrade?

To: Ron Nairn who wrote (87)	9/15/1998 10:47:00 AM
From: Ian A.	Respond to of 144

NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS FOR: MAGNIFOAM TECHNOLOGY INTERNATIONAL INC. TSE, ASE SYMBOL: MTG CANADIAN DEALING NETWORK SYMBOL: MTII.PR.A SEPTEMBER 15, 1998 Magnifoam Commences Trading On The TSE BARRIE, ONTARIO--Magnifoam Technology International Inc. (MTII) today announced that its common shares commenced trading on The Toronto Stock Exchange at the opening of market today. The shares are trading under the symbol MTG. Magnifoam's common shares trade on both the Alberta and Toronto Stock Exchanges. The company currently has 15,624,130 common shares outstanding and 2,401,666 convertible preferred shares which trade on the Canadian Dealing Network (MTII.pr.a). The convertible preferred shares expire January 10, 1999. Magnifoam Technology International Inc. is an integrated material science company with proprietary technology. Through its wholly owned subsidiaries, QSi, MTI, and PolyFab, the company is engaged in the research, development and production of low density silicone foam using patented chemical formulations, the production of specialty silicone resins, and the design and fabrication of energy management systems using a variety of flexible, cellular materials. MTII products have a wide range of applications for the aerospace, mass transit, automotive, sporting goods, industrial, electronics, medical, marine, construction and institutional markets.