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Warrants Alert

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Warrant Symbol - SBA.WT.A
Number  Trading - 1,200,000
Expiration Date - January 15 1996
Cusip - 83160D 12 9
Warrant Symbol - SBA.WT.A
Number  Trading -
Expiration Date -
Cusip - 83160D 11 1

Warrants called to trade news:
1995-11-03 16:53 MT - SMF Date Price Fixed
Effective date:  July 17 1995
Offering date:  November 6 1995
Expiry date:  January 15 1996
Offering:  600,000 units consisting of one share and two A warrants
Price:  $0.50
Wt exercise price:  Two A warrants plus $0.58 for one share to November 6 1996; $0.58 to November 6 1997
Agent:  Canaccord
Agents Wt:  For 150,000 shares exercisable as above
Agents commission:  27,000 units as above
Shareholder offering:  537,678 shares previously issued and an additional 537,678 shares which may be acquired by exercise of warrants
Transfer agent:  R-M Trust
Wt symbol:  SBA.WT.A
Wt security No:  912651
Wt Cusip No:  83160D 12 9
Unit symbol:  SBA.UN
Unit security No:  870583
Unit Cusip No:  83160D 30 1
1992-10-09 15:55 MT - Warrants Called to Trade
Effective at the opening October 13 1992, the series A warrants of the company will be posted and called for trading, subject to satisfactory distribution to the public.
Transfer agent:  The R-M Trust Company
Wt trading symbol:  SBA.WT.A
Wt security No:  912650
Wt Cusip No:  83160D 11 1
Unit security No:  870583

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