bcMetals Corporation

bcMetals Corporation

March 28, 2007 18:05 ET

bcMetals Reports Delisting of Common Shares

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 28, 2007) - bcMetals Corporation reports that its common shares have been delisted from the TSX Venture Exchange. Applications have also been filed with the applicable regulatory authorities to cease and surrender bcMetals' status as a reporting issuer.

Imperial Metals Corporation owns indirectly, through its wholly owned subsidiary CAT-Gold Corporation, approximately 43.0 million shares, or 97.8% of bcMetals' outstanding shares. CAT-Gold has exercised its statutory right of compulsory acquisition under Part 16 of the Business Corporations Act (Alberta), which will result in Imperial indirectly owning 100% of the bcMetals common shares. Shareholders of bcMetals Corporation are encouraged to review the Offeror's Notice of Compulsory Acquisition which was mailed to bcMetals shareholders by CAT-Gold on March 12, 2007.

Contact Information

  • bcMetals Corporation
    Brian Kynoch
    President & CEO
    (604) 669-8959
    bcMetals Corporation
    Andre Deepwell
    (604) 488-2666
    bcMetals Corporation
    Sabine Goetz
    (604) 488-2657