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Microcap & Penny Stocks : Leah Industries, Inc. (OTC-BB-LEAH) -- Ignore unavailable to you. Want to Upgrade?


To: Baldur Fjvlnisson who wrote (1937)5/25/1999 11:20:00 PM
From: Andrew H  Read Replies (1) | Respond to of 2153
 
From RB post:

>>10:43 PM BW Retains Investment Bankers to Facilitate Sale of Manufacturing Operations o...
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Retains Investment Bankers to FacilitateSale of Manufacturing Operations of Sib-Mach Font

May 25, 1999 10:43 PM
TORONTO--(BUSINESS WIRE)--May 25, 1999--Leah Industries, Inc. LEAH is pleased to announce that the company has retained investment bankers to facilitate the sale of the manufacturing operations of Sib-Mach Font, its 60% owned subsidiary.

Leah Industries, Inc. will retain all oil and gas operations, and it is the intent of management to utilize part of the proceeds of the sale to expand oil and gas production, with the balance of the sale proceeds to be paid to shareholders by way of special dividend.

Leah management sees this as the first step in the process towards relisting of the common shares. <<