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Warrants Alert

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Warrant Symbol - NAS.WT.A
Number  Trading - 625,000
Expiration Date - May 30 1994
Cusip - 64156K 11 1

Warrants called to trade news:
 
1993-11-26 16:18 MT - SMF Date Price Fixed
 
Effective date:  Septemer 23 1993
Offering date:  November 29 1994
Expiry date:  March 22 1994
Offering:  625,000 units consisting of one share and one A warrant
Price:  $0.86
Wt to buy one share:  One
Wt exercise price:  $0.86
Wt expiry date:  May 30 1994
Agent:  Canaccord
Agents Wt:  For 125,000 shares
Wt exercise price:  $0.86
Wt expiry date:  May 30 1994
Greenshoe option:  Maximum of 75,000 shares at $0.774 for 60 calendar days

Transfer agent:  Montreal Trust
Wt trading symbol:  NAS.WT.A
Wt Security No:  905376
Wt Cusip No:  64156K 11 1




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