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Gold/Mining/Energy : ISEE3D (EYEC) formerly known as INT'L TELEPRESENCE -- Ignore unavailable to you. Want to Upgrade?


To: Me-myself-I who wrote (26)5/26/1999 6:34:00 AM
From: Me-myself-I  Respond to of 191
 
Here is the full release of adelite communications.....

5/25/99 -
Adelite Acquires More Than 10 % of the Shares of Telepresence

INTERNATIONAL TELEPRESENCE (CANADA) INC ("ITLP-Z;IPRCF-L") -
Adelite Acquires More Than 10 % of the Shares of Telepresence

Adelite Communications Corporation announces that on May 7, 1999 it acquired 4.5
million common shares and 4.5 million share purchase warrants of International
Telepresence (Canada) Inc. upon the conversion by it of a debenture, in the principal
amount of $450,000, previously issued to it by Telepresence. Adelite did not hold any
shares of International Telepresence prior to the conversion of the debenture. The share purchase warrants held by Adelite are
exercisable until September 10, 2000.

Adelite acquired the shares and warrants with a view to long-term investment. To Adelite's knowledge, the 4.5 million shares
held by it represent 10.05% of the currently issued and outstanding shares of International Telepresence. TEL: (450) 973-2200
Luc Verville

Paul



To: Me-myself-I who wrote (26)5/26/1999 9:17:00 AM
From: Michael Block  Read Replies (1) | Respond to of 191
 
Market News Publishing. We have Bloomberg Live Feed in our office. This was a company news release. I have no idea what this will mean to the share price. I think it indicates interest in the company.