Tallagium Corporation

Tallagium Corporation

May 30, 2006 12:40 ET

Tallagium Announces ASC Review

CALGARY, ALBERTA--(CCNMatthews - May 30, 2006) - Tallagium Corporation (TSX VENTURE:TAA) ("Tallagium") announces that on May 23, 2006 it received notice that the Alberta Securities Commission ("ASC") is conducting a Continuous Disclosure Review of Tallagium, in conjunction with its annual review of financial statements and continuous disclosure materials of reporting issuers, to monitor compliance with securities laws and to provide recommendations to increase the quality of financial reporting. The ASC are currently reviewing Tallagium's December 31, 2005 Consolidated Financial Statements and disclosure materials for the year then ended. In conjunction with their review, the ASC has requested clarification concerning certain accounting and reporting issues, which are to be provided to the ASC by June 12, 2006.

Tallagium's principal business is focused on the operations of MegaDox Corporation, a wholly-owned operating subsidiary. MegaDox is an Alberta e-commerce company which is in the business of selling self-help legal and business forms for the USA, Canada, UK, Australia, New Zealand, India and other countries.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Tallagium Corporation
    Mr. Arthur M. Szabo, Q.C.
    (403) 245-1211
    (403) 245-0569 (FAX)