Golden Sunset Trail Inc.

January 09, 2007 18:36 ET

Golden Sunset Trail Inc. Transfers to NEX

GRIMSBY, ONTARIO--(CCNMatthews - Jan. 9, 2007) - GOLDEN SUNSET TRAIL INC. (TSX VENTURE:GST.P) (the "Corporation") announces, in accordance with TSX Venture Exchange Policy 2.4, the Corporation has not completed a qualifying transaction within the 24 month prescribed time frame. Therefore, effective January 10, 2007, the Corporation will be transferred to the NEX Board of the TSX Venture Exchange from Tier 2 of the TSX Venture Exchange.

In connection with the transfer to NEX, 2,846,666 common shares of the Corporation purchased by insiders and held in escrow have been cancelled effective December 29, 2006. For further information on the listing transfer and the share cancellation, please refer to the management information circular of the Corporation dated October 30, 2006 and filed on on November 20, 2006.

As of January 10, 2007, the Corporation is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.

The trading symbol for the Corporation will change from GST.P to GST.H and the filing and service office will change from Calgary to NEX.

The TSX Venture Exchange does not accept responsibility for the accuracy or adequacy of this release.

Contact Information

  • Golden Sunset Trail Inc.
    Daniel Donn
    CEO, CFO, President and Director
    (905) 945-3999