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Non-Tech : Hedley Technologies - HED.vse -- Ignore unavailable to you. Want to Upgrade?

To: rdww who wrote (1)	10/6/1998 11:34:00 AM
From: rdww	Respond to of 9

Hedley Technologies Inc HED Shares issued 7,102,838 Sep 28 close $0.75 Tue 6 Oct 98 Halt Trading Trading was halted at 8:09 a.m., PDT, Oct. 6, 1998, pending an announcement. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

To: rdww who wrote (1)	10/6/1998 12:00:00 PM
From: rdww	Read Replies (1) \| Respond to of 9

Stake in Philom Bios to be acquired Hedley Technologies Inc HED Shares issued 7,102,838 Sep 28 close $0.75 Tue 6 Oct 98 News Release Mr. J. Peter Ormesher reports Hedley Technologies Inc. has reached agreements with a few existing shareholders to acquire an investment interest in Philom Bios Inc. of Saskatoon, Saskatchewan. Philom produces and sells seed inoculant products for agriculture that are based on natural microbes. Hedley has agreed to acquire approximately 12 per cent of Philom from the shareholders, which will make it the company's largest shareholder. The consideration to be paid for the acquisition is 380,108 shares of Hedley, and is subject to the approval of the Vancouver Stock Exchange. Philom had revenues of approximately $3.6-million in fiscal year ended June 30, 1997. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com