FASC PR!!!!
Tuesday May 30, 7:11 pm Eastern Time
Press Release
SOURCE: First American Scientific Corp.
First American Scientific Corp. Shareholders Approve Increase In Authorized Capital
VANCOUVER, May 30 /CNW/ - First American Scientific Corp. is pleased to announce that it has received 51,905,434 YES votes,
which is sufficient under SEC rules to ratify the Board's March 7, 2000 resolution to increase its authorized capital.
C.L. Kantonen, Chairman, wishes to thank the shareholders for their overwhelming support and for their patience. 95.9% of the 54
million votes received were YES. This now puts the Company in a strong position to move forward with both the Cloverdale
research and demonstration center which is expected to be operational by June 30, 2000 and the joint venture agreement in
Czech Republic.
In order to proceed, the following appointments have been made:
1. Dale Ginther, Director and Operations Manager (Cloverdale)
2. Brian Nichols, Director and Business Development Manager
3. H. James Holland, BA(Hons), Business Development Manager
4. Tyler Ginther, Site Manager ( Cloverdale)
5. Henry Skritek, Vice President, Operations, Czech Republic
6. Dougie Higginson, P.Eng, Staff Engineer (Ireland)
7. Douglas B. Brown, P.Eng, Technical Advisor
8. Dr. R.B. Clarke, BSc(Hons), DPhil, CEng, MIMechE, FIED, Technical
Advisor (Ireland)
We received the Phase II Technical Report from Ireland on May 29, 2000. It is now under review by our advisory committee and
further updates will be forthcoming.
ON BEHALF OF THE BOARD OF DIRECTORS
C.L. Kantonen (Chairman)
FASC: (NASD Bulletin Board)
For further information
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