Texada Software Inc. to Continue to Ontario and Consolidate Its Outstanding Common Shares Effective Wednesday, November 5, 2008
November 04 2008 - 3:03PM
Marketwired
TEXADA SOFTWARE INC. (TSX VENTURE: TXS), further to its press
release dated October 30, 2008, announces that it intends to
continue to Ontario from British Columbia and consolidate its
outstanding common shares on the basis of one (1) new common share
for every ten old common shares, effective Wednesday, November 5,
2008.
The TSXVE has conditionally approved the continuance and
consolidation; which remain subject to final approval of the TSXVE
and the receipt of any required regulatory approvals.
A letter of transmittal will be mailed to all registered
shareholders, which is to be used by the shareholders to return all
existing (pre-consolidation) common share certificates to Texada's
transfer agent, Computershare Investor Services Inc., in order to
receive new share certificates reflecting the consolidation. The
letter of transmittal will also be available at www.SEDAR.com under
Texada's profile.
About Texada
Texada Software Inc. is the premier provider of enterprise
software solutions for mobile equipment and rental management.
Texada's solutions are fully flexible and scalable to meet the
unique needs of any sized operation and are backed by proven
implementation, services and support.
Texada's market-driven software products combine knowledge and
best practices from over 400 customers worldwide, resulting in
solutions that manage the complete life-cycle from acquisition
through to disposal, Our customers enjoy the benefits of enhanced
efficiency through better asset utilization, effective location
tracking, and optimized scheduling.
Texada can be reached at 1-800-361-1233 or +1-519-836-7073, or
on the internet at www.texadasoftware.com.
FORWARD-LOOKING STATEMENTS
This news release may contain forward-looking statements based
on management's current projections, beliefs and opinions at the
date of this news release. Actual results could differ materially
from those anticipated in the statements due to risks and
uncertainties which affect the Company's business and operations.
Reference should be made to the Company's continuous disclosure
documents filed from time to time with Canadian securities
regulatory authorities for a detailed description of such risks and
uncertainties. The Company takes no responsibility to update
forward-looking statements if circumstances or management's
projections, beliefs or opinions change other than as required by
applicable laws.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Contacts: Texada Software Inc. Brian Pedlar Chairman
1-800-361-1233 or (905) 901-9872 Email: bpedlar@TEXADAsoftware.com
Website: www.texadasoftware.com
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