Greenwich Global Capital Inc.
NEX BOARD : GGB.H

December 10, 2009 18:11 ET

Greenwich Announces Result of Its Special Shareholders' Meeting

MISSISSAUGA, ONTARIO--(Marketwire - Dec. 10, 2009) - NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN

Greenwich Global Capital Inc. ("Greenwich")(TSX VENTURE:GGB.H) is pleased to announce that its shareholders have approved, at the special meeting held today, the matters set forth in the management proxy circular dated November 13, 2009 in connection with the previously announced qualifying transaction with Xinergy Corp., which include the consolidation of Greenwich's common shares, the change of its name to "Xinergy Ltd.", the change of its authorized capital, the new stock option plan and the appointment of new directors upon completion of the qualifying transaction.

The coming into force of the resolutions passed at today's meeting is subject to the completion of the qualifying transaction with Xinergy Corp. For further details about this transaction, please refer to Greenwich's previous press release dated October 14, 2009 available on SEDAR (www.sedar.com).

About Greenwich

Greenwich is a capital pool company under Policy 2.4 of the TSX Venture Exchange which completed its initial public offering on May 19, 2005 and is currently listed on the NEX Board (GGB.H). Since its incorporation, Greenwich's sole activity has been to identify and evaluate assets or businesses which, when acquired, would qualify the resulting issuer for listing as a regular issuer on the TSX-V.

Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this release.



Source: Greenwich Global Capital Inc.
Daniel F. Hachey, President & Chief Executive Officer
Tel: (905) 206-1604


Contact Information

  • Xinergy Corp.
    Charles Kite
    General Counsel
    865-474-7000