Semcan Inc.
TSX VENTURE : STT

Semcan Inc.

August 27, 2010 18:55 ET

Semcan Inc. Announces Re Filing of Continous Disclosure Documents

TORONTO, ONTARIO--(Marketwire - Aug. 27, 2010) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Semcan Inc. ("Semcan" or the "Company") (TSX VENTURE:STT) announced today that it has filed amended Management Discussion and Analysis ("MD&A") reports for the year ended December 31, 2009 and the three month period ended March 31, 2010. In addition, the Company has filed certifications of the Chief Executive Officer and the Chief Financial Officer relating to the amendments.

The amended MD&A documents contain corrections to certain financial information provided therein (December 31, 2009 total assets, working capital, gross margins and earnings information relating to certain periods in 2008 and 2007) which was inconsistent with the Company's consolidated financial statements. The Company's consolidated financial statements for all periods remain unchanged.

The amended MD&A documents have been posted on SEDAR and may be viewed at www.sedar.com.

About Semcan Inc.

Semcan is a supplier of industrial processes and environmental solutions with specific emphasis on water remediation and emission control systems to the North American markets.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful. The securities have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. 

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 of this release.

Contact Information

  • Semcan Inc.
    Phil Jamieson
    Chairman
    (905) 875-5577