Alliance Financing Group Inc.

Alliance Financing Group Inc.

July 14, 2010 07:44 ET

Alliance Financing Group Shares Delisted

TORONTO, ONTARIO--(Marketwire - July 14, 2010) - Alliance Financing Group Inc. (the "Corporation") announced today that its common shares have been delisted by the TSX Venture Exchange for non-payment of fees. The Corporation recently announced the commencement of a strategic review process to consider and evaluate alternatives to maximize shareholder value. The Corporation intends to consider shareholder liquidity options as part of the strategic review and did not believe that the payment of the required fees to maintain its listing was an appropriate uses of available resources at the present time while the review process is ongoing.

For more information about Alliance Financing Group Inc. please visit www.alliancefinancing.com.

Contact Information

  • Media Inquiries:
    Alliance Financing Group Inc.
    Bernard Shimkovitz, Chief Executive Officer
    905-660-3660 ext. 225
    905-660-3078 (FAX)
    bshimkovitz@alliancefinancing.com