A. & E. Capital Funding Inc.
TSX VENTURE : AEF

October 17, 2005 16:30 ET

A. & E. Capital Funding Completes a Capital Reorganization and a Name Change

TORONTO, ONTARIO--(CCNMatthews - Oct. 17, 2005) - A. & E. Capital Funding Inc. (the "Company") announces the completion of a reorganization of the Company's share capital and a name change to E & E Capital Funding Inc. (TSX VENTURE:AEF).

Pursuant to a Special Resolution passed by the Shareholders of the Company on May 31, 2005 and with the acceptance by the TSX Venture Exchange, the Company has amended its Articles to:

(i) create a new class of shares to be designated as common shares;

(ii) change the outstanding multiple voting shares and subordinate voting shares into common shares on the basis of one common share for each 20 multiple voting shares and one common share for each 20 subordinate voting shares; and

(iii) cancel all the authorized and unissued multiple voting shares and subordinate voting shares of the Company.

Effective at the opening October 18, 2005, the common shares of E & E Capital Funding Inc. will commence trading on the TSX Venture Exchange under the symbol "AEF" and the multiple voting shares and subordinate voting shares of the Company will be delisted.

Upon completion of the reorganization, the capitalization of the Company will be 679,854 issued and outstanding common shares.

The Company also announces that, effective immediately, Equity Transfer Services Inc. will act as the Company's registrar and transfer agent.

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

Contact Information

  • A. & E. Capital Funding Inc.
    Chris Carmichael
    CFO
    (416) 488-7760