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With an IPO of 1,250,000 shares issued at $2.00, UTO opened on the VSE on Oct. 08/96 at $3.75. The stock has been on the steady incline over the past two months to close today at $11.25. Below is a copy of the latest press release: Uniglobe Travel Online Inc - News Release $9.5m private placement Uniglobe Travel Online Inc UTO Shares issued 13139346 1997-01-27 close $10 Monday Jan 27 1997 News Release Mr Martin Charlwood reports The company has engaged a New York-based investment banking firm to act as its financial advisor in advising and assisting the company in raising approximately $9.5 million of capital at $8.71 on a best efforts basis through a private placement of the company's securities. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com | ||||||||||||||
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