Fareport Capital Inc.

Fareport Capital Inc.

September 26, 2007 14:39 ET

Fareport Capital Inc. Press Release

TORONTO, ONTARIO--(Marketwire - Sept. 26, 2007) - Fareport Capital Inc. (TSX VENTURE:CAB) announced today that, at its special meeting of shareholders held earlier today in Toronto, Canada, shareholders approved the proposed private placement transaction, the shares for debt transaction and the share consolidation transaction (collectively, the "Transactions") previously proposed to shareholders in a Management Information Circular dated August 24, 2007. The Corporation currently expects that the Transactions will be completed on September 28, 2007.

The Corporation previously received TSX Venture Exchange conditional approval for the proposed Transactions on August 16, 2007.

Neither the TSX Venture Exchange nor any securities regulatory authority has approved the contents of this news release.

Contact Information

  • Fareport Capital Inc.
    Emlyn David
    President, and Chief Executive Officer
    (416) 725-2177