McLean Capital Corporation

February 28, 2011 16:35 ET

McLean Capital Corporation Acquires Units of ComWest Enterprise Corp.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 28, 2011) - McLean Capital Corporation ("McLean Capital") wishes to announce that it has acquired 1,866,900 Class A Restricted Equity Shares ("Class A Shares") of ComWest Enterprise Corp. ("ComWest") through the conversion of McLean Capital's convertible 8% cumulative preferred shares of ComWest for no additional consideration.

Following the conversion, McLean Capital owns 1,866,900 Class A Shares of ComWest which represents approximately 23.1% of the outstanding Class A Shares of ComWest.

McLean Capital also owns 266,700 Class B Shares of ComWest, which represents approximately 11.8% of the outstanding Class B Shares of Comwest.

The Class A Shares were acquired for investment purposes.

For further information, or a copy of the early warning report filed in respect of the above, please see contact information below.

Contact Information

  • McLean Capital Corporation
    Joel R. McLean
    (604) 909-0309