Page 9 of 9 Pages
--- ---
EXHIBIT 1
AGREEMENT
WHEREAS, Libra-Wilshire Partners, L.P. ("Libra-Wilshire"), Libra
Investments, Inc. ("Libra") and ▇▇▇▇ ▇. ▇▇▇▇▇▇ ("▇▇▇▇▇▇" and with
Libra-Wilshire and Libra, the "Reporting Persons"), individually or
collectively, may be deemed to be a beneficial owner within the meaning of
the Securities Exchange Act of 1934, as amended (the "Exchange Act"), for
purposes of Section 13(d) of the Exchange Act of the Common Stock, $0.01 par
value per share, of Astrex, Inc., a Delaware corporation; and
WHEREAS, the Reporting Persons desire to satisfy any filing obligation
each may have under Section 13(d) of the Exchange Act by filing a single
Schedule 13D pursuant to such Section with respect to each class of
securities;
NOW THEREFORE, the Reporting Persons agree to file a Schedule 13D under
the Exchange Act relating to the Common Stock of Astrex, Inc. and agree
further to file any such amendments thereto as may become necessary unless
and until such time as one of the parties shall give written notice to the
other parties of this Agreement that it wishes to file a separate Schedule
13D relating to the Common Stock of Astrex, Inc. provided that each person on
whose behalf the Schedule 13D or any amendments is filed is responsible for
the timely filing of such Schedule 13D and any amendments thereto
necessitated by the actions or intentions of such person and for the
completeness and accuracy of the information pertaining to it and its actions
and intentions.
The Agreement may be executed in two or more counterparts, each of which
shall constitute but one instrument.
Dated as of March 20, 1996. LIBRA-WILSHIRE PARTNER, L.P.
BY: LIBRA INVESTMENTS, INC., ITS GENERAL PARTNER
By: \s\ ▇▇▇▇ ▇. ▇▇▇▇▇▇
----------------------------------------------
Title: President
----------------------------------------------
LIBRA INVESTMENTS, INC.
By: \s\ ▇▇▇▇ ▇. ▇▇▇▇▇▇
----------------------------------------------
Title: President
----------------------------------------------
\s\ ▇▇▇▇ ▇. ▇▇▇▇▇▇
-------------------------------------------------
▇▇▇▇ ▇. ▇▇▇▇▇▇