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Article: Precision Target Marketing extends terms of its common stock purchase warrants.
- Article from:
- PR Newswire
- Article date:
- June 15, 1987
CopyrightCOPYRIGHT 1987 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PRECISION TARGET MARKETING EXTENDS TERMS OF ITS COMMON STOCK
PURCHASE WARRANTSRMS OF ITS COMMON STOCK
LAKE SUCCESS, N.Y., June 15 /PRNewswire/ -- Precision Target Marketing, Inc. (NASDAQ: PTMI), a leading direct mail and telemarketing firm, announced today that it has extended the term of its common stock purchase warrants (NASDAQ: PTMIW) from Aug. 21, 1987, to Feb. 23, 1988.
There are presently outstanidng 1,986,497 warrants.
Each warrant is exercisable for one share of the company's common stock at a price of $1-7/8. The warrants were originally issued with shares of common stock in units consisting of one ...