For Immediate Release – September 19, 2003
Toronto, Ontario – Spectra Inc. (SSA: TSX Venture) announces that it has closed a private placement with Lauria & Hill Electrical Manufacturing & Supply Ltd. of 500,000 common shares at a purchase price of $0.10 per share. The shares issued pursuant to the private placement have a hold period expiring January 17, 2004.
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 Safe® and SureStroke™, visual brake stroke indicators, Brake Inspector ™ a new, advanced electronic air brake diagnostic system and the Termin-8R™ line of anti-corrosion and extreme pressure lubricants.
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 |
