July 06, 2005 15:29 ET

CNQ Bulletin: Canadian Trading and Quotation System Inc.-Assist Global Technology Name Change and Consolidation

TORONTO, ONTARIO--(CCNMatthews - July 6, 2005) - Assist Global Technology Corp (AGBT.U) has announced a share consolidation on the basis of 4 old shares for 1 new share, and a name change to Bassett Ventures Inc.

The common shares of Bassett will trade on Friday, July 8, 2005 on a consolidated basis.

Open orders for AGBT.U will be purged from the Book at the close of business on Thursday, July 7, 2005.

The consolidation is being effected by a "call in" of AssistGlobal share certificates. AssistGlobal shareholders will receive from the company Letters of Transmittal instructing them where to mail their AssistGlobal certificates for replacement with new Basset Ventures Inc. consolidated share certificates.

No fractional shares will be issued. Fractional amounts will be rounded down to the next whole share.

The Bassett common shares have been assigned a new Cusip number, 070243-10-0, and the trading symbol will be changed to BAVI.U.

Effective Date: Friday, July 8, 2005

Bassett Ventures Inc.

Trading Symbol: BAVI.U

New CUSIP: 070243 10 0

The shares will trade in U.S. currency.

Contact Information

  • Canadian Trading and Quotation System Inc. (CNQ)
    Radhika Joseph
    (416) 572-2000 X 2435
    (416) 572-4160 (FAX)
    Canadian Trading and Quotation System Inc. (CNQ)
    Mark Faulkner
    (416) 572-2000 X 2305