For Immediate Release – April 27, 2001
Toronto, Ontario – Spectra Inc. (SSA: CDNX) announces its plans to issue, subject to regulatory acceptance, 26,667 common shares at a deemed price of $0.15 per share to Information By Light Corporation, and 40,000 common shares at a deemed price of $0.15 per share to Christopher Wilson as payment of business consulting fees.
Spectra Inc. is a vertically integrated supplier of innovative products and services to the Commercial Transportation Industry and the Professional Trucker. Spectra’s product line increases productivity, reduces maintenance costs and improves fleet safety and includes Brake Inspector TM, an electronic brake diagnostic system, Brake Safe TM and SureStrokeTM, visual brake stroke indicators, and the Termin-8r TM line of anti-corrosion and extreme pressure lubricants. Spectra is positioned through its ISP portal, “Truckinguniverse.com”, to be a leading supplier of information to the transportation industry on the Information Superhighway
On behalf of the Board of Directors,
Andrew J. Malion, Chairman, Spectra Inc. www.spectra-ssa.com
Investor Relations: 1-800-308-5255 E-Mail: ssa@spectra-ssa.com
The TSX VENTURE Exchange has neither approved nor disapproved the information contained herein |
