Carlaw Capital Corp.
TSX VENTURE : CLW.P

September 21, 2007 16:08 ET

Carlaw Capital Corp. Announces Shareholder Approval for Various Procedural Matters Relating to Qualifying Transaction

TORONTO, ONTARIO--(Marketwire - Sept. 21, 2007) - Carlaw Capital Corp. (the "Corporation") (TSX VENTURE:CLW.P) is pleased to announce that its shareholders have approved various procedural matters relating to the previously announced proposed qualifying transaction with Nyah Resources Inc. (the "Proposed Transaction") at the shareholders' meeting held earlier today. A copy of the management information circular which describes such matters is available at www.sedar.com.

The Corporation is also pleased to announce the re-appointment of Mr. Ravi Sood to its board of directors, effective immediately.

The Proposed Transaction is currently scheduled to close in November 2007, subject to compliance with all necessary regulatory approvals and certain other terms and conditions. The Corporation and Nyah Resources Inc. are in the process of preparing a filing statement to be filed on SEDAR.

This news release contains projections and other forward-looking statements regarding future events. Such statements are predictions, which may involve known and unknown risks, uncertainties and other factors, which could cause the actual events or results and objectives to differ materially from those expressed.

The TSX Venture Exchange has in no way passed upon the merits of the Proposed Transaction and has neither approved nor disapproved the contents of this press release. The TSX Venture Exchange Does Not Accept Responsibility for the Accuracy or Adequacy of This Release.

Contact Information

  • Carlaw Capital Corp.
    Amar Bhalla
    President and Chief Executive Officer
    (416) 922-9096
    Email: abhalla@hbinvest.com