The UniMark Group, Inc. (OTC Bulletin Board: UNMG) announced yesterday that its registration statement for a rights offering to sell up to 10,273,972 shares of its common stock at $ .73 per share to its shareholders of record on May 22, 2001, has been declared effective by the Securities and Exchange Commission. Accordingly, the Company is now mailing a rights offering prospectus to each shareholder of record.
The Company has reserved the right to cancel, modify or postpone the rights offering. This press release does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
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About The UniMark Group, Inc.
The UniMark Group, Inc. is a vertically integrated citrus and tropical fruit growing and processing company supplying major branded food companies in the United States and selected countries worldwide, with substantially all of its operations in Mexico.
Further information about UniMark may also be obtained from a number of sources via the Internet. Government filings may be accessed through www.freeedgar.com or www.sec.gov
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