Sedna Geotech Inc.
Completes a Reverse Take-Over
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Effective at the opening this morning, Sedna Geotech Inc.,
formerly Apollo Development Inc., resumed trading on the VSE having completed a Reverse
Takeover. The company is classified as a "Commercial/Industrial" company and
will trade under the symbol "SOT".
Based in Vancouver, B.C., Sedna Geotech is engaged in contract mineral exploration
drilling in South America.
The company's post consolidation capitalization is an unlimited number of shares with no
par value of which 13,120,927 common shares are issued and outstanding (including
5,031,929 performance shares in escrow). Canaccord Capital Corp. is the sponsoring member
and Montreal Trust Company of Canada is the transfer agent.
For further information, please refer to the company's filing statement dated December 31,
1996.
SEDNA GEOTECH INC.
Hans Kuppers, President
Suite 800, 885 West Georgia Street
Vancouver, B.C.
V6C 3H1
Phone: (604) 687-5700 |
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