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Gold/Mining/Energy : UNIQUE BROADBAND SYSTEMS (UBS:VSE) -- Ignore unavailable to you. Want to Upgrade?

To: Cookie Monster who wrote (78)	2/4/1999 6:26:00 PM
From: R.A.K.	Read Replies (1) \| Respond to of 682

NEWS RELEASE: Private Placement Non Brokered UNIQUE BROADBAND SYSTEMS, INC. ("UBS") 02/04/99 - Private Placement-Non-Brokered The Vancouver Stock Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 9, 1998: Number of Shares: 4,000,000 shares Purchase Price: $0.20 per share Warrants: 2,000,000 non-transferable share purchase warrants to purchase 2,000,000 shares Warrant Exercise Price: $0.20 for a one year period $0.25 in the second year Placees: Stephen J. Rosen These securities have not yet been issued. The Company shall issue a news release if the private placement does not close promptly.