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Biotech / Medical : MRINF /NQB Medical Resorts International Inc -- Ignore unavailable to you. Want to Upgrade?


To: jocko who wrote (7)10/6/1998 11:25:00 AM
From: swot  Read Replies (1) | Respond to of 33
 
Medical Resorts International Inc.

EDMONTON, Oct. 6 /CNW/ - Medical Resorts International Inc. is pleased to
announce that it completed 1,143 medical procedures in the first quarter of
the current fiscal year versus a projection of 990 medical procedures. The
Company also wishes to let shareholders know that Hurricane George did minimal
damage to the Anguilla Resort when it passed over. The “eye” of the
Hurricane passed within 40 miles of Anguilla. The Anguilla facility was fully
operational the day after Hurricane George passed over.
The Company is also pleased to announce that it has sold 40% of its 100%
interest in Precaste Building Supplies for $215,000 cash. Precaste Building
Supplies are part of the non-core assets in the Company. The funds received
will be used for general corporate use.
The issued and outstanding shares in the Company is 25,568,044.
Medical Resorts also trades on the Canadian Dealing Network (CDN) Toronto
under the Symbol “MDRE” and in the United States on the NQB Pink Sheets
under the symbol “MRINF”.
-0- 10/06/1998

For further information: Robert Talbot, (403) 430-6363 or Guidera Communications, (843) 815-3399