Grey Horse Corporation

Grey Horse Corporation

October 04, 2010 09:00 ET

Equity Financial Trust Company, The New Name in Canadian Financial Services

TORONTO, ONTARIO--(Marketwire - Oct. 4, 2010) - Grey Horse Corporation (TSX:GHC) ("Grey Horse" or "the Corporation"), a Canadian financial services firm, announced today that its subsidiary, Equity Transfer & Trust Company (ETT), has changed its name to Equity Financial Trust Company (EFTC). 

The new name better reflects EFTC's growing breadth of services. When it began operations 20 years ago, EFTC's sole focus was acting as transfer agent for the small cap mining sector in Ontario. In 2006, it was continued as a federally regulated trust company to offer services to companies incorporated in provinces requiring that transfer agents be trust companies. The change in legal status also allowed it to add corporate trustee services to its offering. Since then, corporate secretary and foreign exchange services have been added via related entities. Today, with small-, mid-, and large-cap clients in all sectors of the economy, with Canadian and international clients, EFTC operates throughout Canada with offices in Vancouver, Calgary and Toronto.

"Twenty years ago, we were a very good transfer agent serving a small segment of listed issuers," said Grey Horse President & CEO Paul G. Smith. "Today, we are a growing financial services company with several service offerings and more to be added. The name Equity Financial Trust Company better reflects who we are today and where we are heading, without ever forgetting our beginnings and those hard earned qualities for which we are known: subject matter expertise and superior service."

About Grey Horse

Through its wholly owned subsidiaries, Grey Horse provides transfer agent, corporate trust, corporate secretary, and foreign exchange services to corporations in North American capital markets. Learn more at and at

Advisory notes: Certain information included in press releases may be forward-looking and involve risks and uncertainties. The results or events predicted in such statements may differ materially from actual results or events. Factors that might cause a difference include, but are not limited to, failure to obtain approval to become a deposit-taking institution on favourable terms or at all, failure to complete the private placement, competitive developments, risks associated with Grey Horse's growth, the state of the financial markets, frequency of large volume transactions, regulatory risks and other factors. If and when forward-looking information is set out in this press release, Grey Horse will also set out the material risk factors or assumptions used to develop the forward-looking information. Forward-looking information will be updated as required pursuant to the requirements of National Instrument 51-102. More detailed information about potential factors that could affect Grey Horse's financial and business results is included in public documents Grey Horse files from time to time with Canadian securities regulatory authorities.

The Toronto Stock Exchange has neither approved nor disapproved the contents of this press release.

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