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Gold/Mining/Energy : Golden Triangle Ind., A Golden Opportunity? GTII -- Ignore unavailable to you. Want to Upgrade?

To: CLK who wrote (13)	11/30/1998 10:09:00 PM
From: Jeffrey L. Henken	Respond to of 44

Golden Triangle Industries Inc., Sugar Land Glenn Gagnon, 281/565-7300 www.goldtri.com Golden Triangle Industries, Inc. in the Black SUGAR LAND, Texas--(BUSINESS WIRE)--Nov. 16, 1998--Golden Triangle Industries, Inc. (NASDAQ:GTII - news) of Sugar Land, Texas is pleased to announce that the basic earnings per common share for the quarter ending Sept. 30, 1998, were $0.02 compared to a ($0.27) loss for the same period last year. Basic earnings per common share for the nine months ending Sept. 30, 1998, were $0.51 compared to $0.40 for the same period last year. biz.yahoo.com Try finding a few companies in the oil industry making money these days. Mergers are occurring now for a reason.....better days are ahead. Regards, Jeff

To: CLK who wrote (13)	12/1/1998 10:53:00 AM
From: Jeffrey L. Henken	Respond to of 44

Tuesday December 1, 9:39 am Eastern Time Company Press Release Warrants Issued to Shareholders SUGAR LAND, Texas--(BUSINESS WIRE)--Dec. 1, 1998--Golden Triangle Industries, Inc. (Nasdaq:GTII - news), of Sugar Land, Texas will be issuing warrants to all common stock shareholders who own at least two (2) common shares as of the record date. All common stock shareholders will be issued (1) warrant for every two (2) common shares held. For example, if a shareholder owns 100 common shares of GTII stock, that shareholder will be issued 50 warrants. The record date for the warrant offering is December 4, 1998. Each one (1) warrant will entitle every GTII common stock shareholder the rights to purchase one (1) share of non-restricted common stock at the set price of $8.00 per share. GTII common shareholders will have 150 days (until May 3, 1999) to exercise the warrants at which time the warrants will expire. Common stock shareholders are under NO obligation to exercise the warrants to purchase non-restricted common stock. Common stock shareholders also have the right to exercise just a portion of the warrants issued to them. For example, if a shareholder is issued 50 warrants the shareholder can purchase ANY amount up to 50. The warrants and all related information will be mailed to all common stock shareholders of record within the next few weeks. Contact: Golden Triangle Industries, Inc. Glenn Gagnon, 281/565-7300 www.goldtri.com