AireSurf Networks Holdings Inc.

AireSurf Networks Holdings Inc.

April 05, 2007 16:37 ET

AireSurf Announces Settlement of Debt

TORONTO, ONTARIO--(CCNMatthews - April 5, 2007) - Airesurf Networks Holdings Inc. (the "Company") (CNQ:AIRE) announces that it has agreed to settle an aggregate of $26,608 of indebtedness through the issuance of an aggregate of 523,160 common shares in the capital of the Company at a price of $0.05 per share.

Management will continue its efforts to strengthen the financial condition of the Company by reducing existing indebtedness and continuing to source additional funds.

Shares Outstanding: 31,882,979

Contact Information

  • Airesurf Networks Holdings Inc.
    Mr. Robert McGowan
    Interim President
    (416) 368-9411