Telford Services Group Inc.
TSX VENTURE : TLF

August 04, 2009 19:47 ET

Aviation Acquisitions Inc. Announces Acquisition of Telford Services Group, Inc.

CALGARY, ALBERTA--(Marketwire - Aug. 4, 2009) -

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

AVIATION ACQUISITIONS INC. ("Aviation"), a Calgary based, private company, is pleased to announce that over 90% of the issued and outstanding common shares ("Telford Shares") of Telford Services Group, Inc. ("Telford") (TSX VENTURE:TLF) have been tendered to Aviation's previously announced offer to acquire all of the Telford Shares (the "Offer"). The Offer expired at 5:00 p.m. (Calgary time) on August 3, 2009 and Aviation has taken up and paid for all of the Telford Shares deposited to the Offer on the basis of $0.10 in cash for every Telford Share. Aviation has implemented procedures to acquire all remaining Telford Shares pursuant to the compulsory acquisition provisions of the Business Corporations Act (Alberta).

Aviation is taking immediate steps to have Telford declared to be no longer a reporting issuer and to have the Telford Shares de-listed from the TSX Venture Exchange Inc.

Aviation is a private Alberta company whose principal business is to finance and invest in projects in the aviation industry.

The 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 or accuracy of this release.

Contact Information

  • Aviation Acquisitions Inc.
    Sid Dutchak
    President
    (403) 242-6041