SOURCE: Fortune Graphite Inc.

May 17, 2010 11:31 ET

Fortune Graphite Inc. Re-Domiciles to British Columbia, Canada

TORONTO--(Marketwire - May 17, 2010) -  Fortune Graphite Inc. (FRANKFURT: ZTWN) is pleased to announce that in its ongoing efforts to streamline its business activities and reduce administrative costs, it has re-domiciled the jurisdiction of corporation to British Columbia, Canada.

The share roll-back of 100 to 1 was taken to better reflect the valuation of the company in the current market.

The shares now trade using the symbol ZTWN (ISIN CA34965W1014) on the Frankfurt Open Standard Market.

About Fortune Graphite Inc.
Fortune Graphite is a British Columbia Canada company that identifies and brings to market valuable mining properties bearing Graphite Carbon, Gold, Silver & other precious metals.

Safe Harbor
Certain statements above constitute forward-looking statements with respect to Fortune Graphite Inc. and affiliated companies. Such forward- looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the companies to be materially different from any further results, performance or achievements expressed or implied by such forward-looking statements.

Contact Information

  • Contact:

    Henry Kloepper
    President and CEO
    Fortune Graphite Inc.
    Lakeview Office
    260 Queen's Quay West, Unit 3104
    Toronto, ON M5J-2N3
    Phone: 416-367-8240
    Fax: 416-367-8334
    Toll Free: 1-866-209-0451