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Business Editors
TORONTO--(BUSINESS WIRE)--March 28, 2000
Roman Corporation Limited (TSE:RMN.) announced today that it was exercising 517,241 warrants of SmartSales Inc. (CDNX:SA) at $.29 per share. Roman Corporation acquired the warrants in March 1999 through a private placement. Upon exercise of these warrants, Roman Corporation will hold 3,576,566 shares of SmartSales plus a secured convertible debenture expiring July 15, 2001, and convertible, at expiry, into 3,381,060 shares of SmartSales Inc.
"Based on the value and opportunity that we perceive for the company's Outsmart suite ...
Source: HighBeam Research, Roman Corporation Announces Exercise of SmartSales Warrants.