Omni-Lite cancels escrow shares

Omni-Lite Industries Canada Inc
OML-CDNX

September 18, 2000

Omni-Lite Industries has now received notice from the Canadian Venture Exchange of its consent to the cancellation of one million of the 1.5 million issued and outstanding shares of the corporation held in escrow pursuant to the terms of the agreement for the acquisition of Formed Fast Inc. made Nov. 17, 1997, and the corporation is today issuing its treasury order for cancellation of the one million shares.

Following cancellation of the one million shares, the issued and outstanding capital of the corporation will consist of 9,773,902 common shares.

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