Trade Wind
Communications Limited Lists on VSE
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Effective at the opening this morning, Trade Wind
Communications Limited was posted and called for trading on the Vancouver Stock Exchange.
The company is classified as a "Venture" company and trades under the symbol
"TWC".
The company is engaged primarily in two major business segments: voice and data systems
and broadcast fax. The company's voice and data systems segment is a distributor of
communications systems and data applications for financial traders and emergency service
operations. The broadcast fax segment provides customers with a global enhanced fax
broadcast service originating from the customer's desktop PC.
Trade Wind Communications Limited has completed its initial distribution of shares to the
public for total gross proceeds of $2,250,000 (1,800,000 shares at $1.25 per share).
The company=s capitalization is five billion common shares with a par value of $0.01 per
share of which 13,856,487 shares are currently issued and outstanding. Pacific Corporate
Trust Company is the transfer agent and Wolverton Securities Ltd. is the sponsoring
member.
For further information, please refer to the company's Prospectus dated June 24, 1997.
TRADE WIND COMMUNICATIONS LIMITED
Nicholas Rowland Bird, President
6 Bennett Street
Mortlake, New South Wales
Australia, 2137
Phone: 61-2-9736-2211 |
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