Manor Global Inc.

August 23, 2007 15:43 ET

Manor Global Continues to Pursue QT With Mbience

TORONTO, ONTARIO--(Marketwire - Aug. 23, 2007) - Manor Global Inc. ("Manor")(TSX VENTURE:GGV.P) and Mbience Corporation continue to work diligently with the TSX Venture Exchange (the "Exchange") to complete the qualifying transaction (the "QT").

Following the expiry of the two year period to complete a QT, the Exchange has granted Manor a ninety day period, ending on November 20, 2007, within which to either complete the QT or transfer Manor to the NEX. To transfer to the NEX, Manor needs majority of minority shareholder approval, and must cancel either all of the shares of Manor purchased by non-arm's length parties, or, subject again to majority of minority shareholder approval, cancel one half of such shares. Should Manor fail to do either prior to November 20, 2007, the shares of Manor will be delisted.

The TSX Venture Exchange has in no way approved nor disapproved the contents of this press release.

Contact Information

  • Manor Global Inc.
    Harvey H. McKenzie
    Chief Financial Officer
    (416) 400-8003