Cagim Real Estate Corporation

Cagim Real Estate Corporation

June 07, 2007 11:07 ET

Cagim Real Estate Corporation: Amalgamation of Certain Subsidiairies of the Corporation

QUEBEC CITY, QUEBEC--(Marketwire - June 7, 2007) - Management of Cagim Real Estate Corporation (the "Corporation") (TSX VENTURE:CIM) gives notice to its shareholders that in order to improve the effectiveness of managing the Corporation, the following subsidiaries were amalgamated on June 1st, 2007: ADG Immobilier Inc., Edifice Centre d'Affaires Le Mesnil Inc., Place d'Affaires Lebourgneuf Inc. and Place Donnacona Inc. The amalgamated corporation, ADG Immobilier Inc., will continue its mission of searching for business opportunities leading to the acquisition of commercial buildings to be fully owned by the Corporation, without any external involvement.

About Cagim

The Corporation is listed on the TSX Venture Exchange since September 21, 2004, and operates property management and acquisition activities. The Corporation operates its activities through its subsidiaries ADG Immobilier Inc., Complexe Lebourgenuf Inc. and Palim Inc.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Cagim Real Estate Corporation
    Mr. Guy Boutin
    Leasing and Development Officer