Grey Horse Corporation
TSX : GHC

Grey Horse Corporation

January 15, 2007 14:30 ET

Grey Horse Capital Launches Equity Foreign Exchange Services Inc.

TORONTO, ONTARIO--(CCNMatthews - Jan. 15, 2007) - Grey Horse Capital Corporation (TSX:GHC) - a growing Canadian financial services firm providing transfer agency and corporate trust services to public issuers in the North American capital markets - is pleased to launch Equity Foreign Exchange Services Inc. ("EFX"), which will offer competitive foreign exchange services.

EFX will operate as a wholly owned subsidiary of Grey Horse, and is an affiliate of Equity Transfer & Trust Company providing readily accessible and responsive foreign exchange services that are competitively priced.

"We are very pleased to introduce a new foreign exchange service that further broadens our offering of value-added services to corporate clients," said Kevin Reed, Grey Horse President and CEO. "We know that small to medium size companies need a better choice for managing their foreign exchange exposure, and that EFX will deliver a compelling combination of service, product and price."

John Forsyth, Director of Foreign Exchange said, "In today's volatile currency markets, we believe our current and prospective clients need to develop a strategy for their foreign exchange transactions. Among others, EFX will offer its Drill FX™ product to the Canadian resources industry. Drill FX™ combines an understanding of client needs with a reasoned approach to deliver value by offering foreign exchange market intelligence and competitive rates."

About Grey Horse

Through its wholly owned subsidiary, Equity Transfer & Trust Company, Grey Horse provides transfer agency and corporate trust services to public issuers in the North American capital markets. Learn more at www.greyhorsecapital.com.

Certain information included in this press release is forward-looking and may involve risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors that might cause a difference include, but are not limited to, competitive developments, risks associated with Grey Horse's growth, the state of the financial markets, regulatory risks and other factors. Unless otherwise required by applicable securities laws, Grey Horse disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. More detailed information about potential factors that could affect Grey Horse's financial and business results is included in public documents Grey Horse files from time to time with Canadian securities regulatory authorities.

Contact Information

  • Grey Horse Capital Corporation
    Kevin Reed
    President & CEO
    (416) 361-0930
    or
    Grey Horse Capital Corporation
    Paul G. Smith
    EVP & Chief Financial Officer
    (416) 361-0930
    Website: www.greyhorsecapital.com