Precision Enterprises Inc.
TSX VENTURE : PSC.P

October 05, 2009 21:41 ET

Precision Posts Filing Statement on SEDAR

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 5, 2009) - Precision Enterprises Inc. (TSX VENTURE:PSC.P) (the "Company"), a Vancouver-based Capital Pool Company listed on the TSX Venture Exchange (the "Exchange") is pleased to announce that it has posted a Filing Statement dated September 28, 2009 on SEDAR (www.sedar.com) disclosing the details of its Qualifying Transaction and concurrent private placement financing. The Filing Statement remains subject to Exchange acceptance.

The Qualifying Transaction is scheduled to close on or about November 16, 2009 and remains subject to Exchange approval.

ON BEHALF OF THE BOARD

Joe DeVries, President and CEO

Certain statements included herein are "forward-looking statements". Management cautions that forward-looking statements are not guarantees and that actual results could differ materially from those expressed or implied in the forward-looking statements. Factors beyond the control of the Company could cause the actual results of operations, or the financial condition of the Company, to differ, including changes to financial and market conditions. The Company assumes no obligation to update forward-looking statements, other than as may be required by applicable law.

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.

Contact Information

  • Precision Enterprises Inc.
    Joe DeVries
    President and CEO
    (604) 718-2800
    (604) 718-2808 (FAX)