March 18, 2008 12:17 ET

Canadian Trading and Quotation System Inc.-New Listing-Aerocast Inc. (AERO)

TORONTO, ONTARIO--(Marketwire - March 18, 2008) -

Bulletin: 2008 - 0304

The common shares of Aerocast Inc. have been approved for listing on CNQ. The Company has completed an Initial Public Offering of approximately 3 million units at $0.30 per unit, each unit consisting of one common share and one common share purchase warrant exercisable at $0.40 per share for one year. There are approximately 14.6 million common shares outstanding with a public float of 9.3 million shares. Canaccord Capital Corporation acted as Agent on the Offering.

The Company has established a foundry operation in Nogales, Mexico, for the purpose of manufacturing complex aluminum and magnesium alloy castings primarily for the aerospace industry.

Listing and disclosure documents for Aerocast Inc. will be available in the CNQ Listings Disclosure Hall.

Trading Date: Wednesday, March 19, 2008

Symbol: AERO

CUSIP: 007731 10 2

Applications are being accepted for Market Makers for "AERO".

Contact Information

  • Canadian Trading and Quotation System Inc. (CNQ)
    Radhika Ramkarran
    (416) 572-2000 X 2435