Grey Horse Corporation
TSX : GHC

Grey Horse Corporation

December 20, 2010 17:38 ET

Grey Horse Corporation Renamed Equity Financial Holdings Inc.

TSX Symbol Becomes EQI on December 21, 2010

TORONTO, ONTARIO--(Marketwire - Dec. 20, 2010) - Grey Horse Corporation (TSX:GHC)(the "Corporation"), a Canadian financial services firm, announced today that its corporate name has changed to Equity Financial Holdings Inc. ("Equity").

The name change aligns the Corporation and its operating subsidiaries under the Equity brand and follows the renaming of the Corporation's wholly-owned trust company as Equity Financial Trust Company on October 4, 2010. As a result of today's announcement, the Corporation's stock symbol on the TSX becomes EQI effective December 21, 2010.

"As a dynamic financial services company that continues to diversify its services to a growing client base, the Equity brand better reflects who we are and where we are headed," said Paul G. Smith, President & CEO. 

About Equity Financial Holdings Inc.

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

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 Equity'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, Equity 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 Equity's financial and business results is included in public documents Equity 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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