BALTIC RESOURCES INC.
TSX VENTURE : BLR

BALTIC RESOURCES INC.

March 10, 2008 08:30 ET

Baltic Resources Inc. Requests Trading Halt

TORONTO, ONTARIO--(Marketwire - March 10, 2008) - Baltic Resources Inc. ("Baltic")(TSX VENTURE:BLR) announces that trading of its common shares will be halted effective at the opening of trading today, in anticipation of the completion of the arrangement of Baltic involving PhosCan Chemical Corp. ("PhosCan").

The arrangement was approved by the shareholders of Baltic and the shareholders of PhosCan on March 4, 2008, and by the Court of Queen's Bench of Alberta on March 7, 2008. For information concerning the arrangement, please refer to Baltic's management information circular dated February 1, 2008, filed on SEDAR at www.sedar.com.

Contact Information

  • Baltic Resources Inc.
    Donald McKinnon
    President & CEO
    (705) 268-9000
    or
    Baltic Resources Inc.
    Gordon McKinnon
    Manager Corporate Development
    (705) 268-9000
    Website: www.balticresources.ca