MagIndustries Corp.

MagIndustries Corp.

September 22, 2009 17:35 ET

MagIndustries to Commence Trading on Toronto Stock Exchange on Friday September 25, 2009

TORONTO, CANADA--(Marketwire - Sept. 22, 2009) - MagIndustries Corp. ("MagIndustries" or the "Company") (TSX VENTURE:MAA) is pleased to announce that the Company's application for listing has been granted by the Toronto Stock Exchange (the "TSX") and it is expected that the Company's common shares will begin trading on the TSX at market opening on Friday, September 25, 2009. The Company will continue to trade under the symbol "MAA". The common shares will be delisted from TSX Venture Exchange on September 25, 2009 upon commencement of trading on the TSX.

About MagIndustries Corp.

MagIndustries is a Canadian company whose common shares are listed on the TSX-Venture Exchange and trades in Canadian currency under the symbol "MAA". The Company has 359,852,462 shares outstanding on an undiluted basis. MagIndustries' resource subsidiaries are operating and developing major industrial projects in the Republic of Congo and the Democratic Republic of Congo. More information on the Company is available at its website,

Except for historical information, this press release contains forward-looking statements, which reflect the Company's current expectation regarding future events. These forward-looking statements involve risks and uncertainties, which may cause actual results to differ materially from those statements. Those risks and uncertainties include, but are not limited to, changing market conditions, and other risks detailed from time-to-time in the Company's ongoing filings. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events in this press release might not occur.

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

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