Reibanc USA, Inc.

Reibanc USA, Inc.

June 13, 2005 15:19 ET

Reibanc USA, Inc. Splits Forward Shares

EDMONTON, ALBERTA--(CCNMatthews - June 13, 2005) - Reibanc USA, Inc. (PINK SHEETS:RBAN), is pleased to announce that the company has approved a forward split of two for one of its common shares. The effective date of the split is June 17, 2005, with a pay date of June 21, 2005. Split shares will be mailed by the transfer agent to shareholders.

Reibanc USA, Inc. is a real estate development and finance company. The strategy of the company is to invest in developers who have acquired real estate and require mezzanine financing in the early stages of the projects prior to the construction and permanent financing being put into place. In certain cases the company will attempt to acquire real estate assets where an opportunity exists to purchase below appraisal or where an existing income stream is in place.

This news release includes forward-looking statements that reflect Reibanc USA Inc.'s current expectations about its future results, performance, prospects and opportunities. Reibanc USA, Inc. has tried to identify these forward-looking statements by using words and phrases such as "may", "will", "expects", "anticipates", "believes", "intends", "estimates", "should", "typical", "we are confident" or similar expressions. These forward- looking statements are based on information currently available to Reibanc USA, Inc. and are subject to a number of risks, uncertainties and other factors that could cause the Company's actual results, performance, prospects of opportunities in the remainder of 2005 and beyond, to differ materially from those expressed in, or implied by, these forward-looking statements.

Contact Information

  • Reibanc USA, Inc.
    Tracy McLeod
    Investor Relations
    Reibanc USA, Inc.
    David Crombie