Semcan Inc.
TSX VENTURE : STT

Semcan Inc.

December 21, 2007 15:35 ET

Semcan Inc. Announces Intends to Be Qualified to File a Short Form Prospectus Under NI 44-101

TORONTO, ONTARIO --(Marketwire - Dec. 21, 2007) - Semcan Inc. (TSX VENTURE:STT) ("Semcan") announces today that it intends to be qualified to file a short form prospectus by filing a Notice Declaring Intention to be Qualified under National Instrument 44-101 Short Form Prospectus Distributions with the Ontario Securities Commission, the Alberta Securities Commission and the British Columbia Securities Commission.

Semcan acknowledges that it must satisfy all applicable qualifications criteria prior to filing a preliminary short form prospectus. The notice does not evidence Semcan's intent to file a short form prospectus, to enter into any particular financing or transaction or to become a reporting issuer in any jurisdiction. The notice will remain in effect until withdrawn by Semcan.

About SEMCAN

SEMCAN is a growth company expanding through acquisitions within the Industrial and Distribution sectors. SEMCAN seeks out well managed profitable companies that meet certain financial parameters. SEMCAN works with existing management to grow the acquired companies both organically and through further complementary acquisitions. SEMCAN provides the central finance and administrative functions, allowing operational management to remain focused on bottom line profitability thereby increasing shareholder value.

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.

Contact Information

  • Semcan Inc.
    Phil Jamieson
    Chairman
    (416) 703-1692 x 221