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Resin Systems Inc Signs Agent Agreement for Financing

07 December 2000

Chemical technology company, Resin Systems Inc., announced that it has signed an agreement with Golden Capital Securities to act as agent for a financing to raise up to $3.5 million. The Company and Golden Capital will determine the pricing of the issue in January. Further details will be released at that time. RSI has developed a line of specialized resins for the production of a broad range of products made from composite materials. RSI plans on issuing a management update the week of December the fourth in regards to ongoing production trials, which have been conducted at a series of manufacturing facilities throughout North America since early October. They also now have vailable a management update on recent production trials of its new resin for the composite materials industry. The update is currently available at www.capitalideas.com, small cap profiles section and will be available tomorrow at www.resinsystemsinc.com, investors section.