For Immediate Release – December 20, 2002
Toronto, Ontario – Spectra Inc. (SSA: TSX Venture) announces its plans to issue 700,000 common shares at a deemed price of $0.10 per share, subject to regulatory acceptance, as payment of consulting fees payable to 743401 Ontario Ltd. and D.P.Martin & Associates.
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 SafeTM and SureStroke TM, visual brake stroke indicators, Brake InspectorTM, a new, advanced electronic air brake diagnostic system and the Termin-8R® line of anti-corrosion and extreme pressure lubricants. For more detailed product information, visit Spectra’s web site.
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 |
