TigerTel Communications Inc.

TigerTel Communications Inc.

October 28, 2009 16:37 ET

TigerTel Announces Voluntary Delisting From TSXV

MISSISSAUGA, ONTARIO--(Marketwire - Oct. 28, 2009) - TigerTel Communications Inc. (TSX VENTURE:TTL) ("TigerTel") announced today an update on its going private transaction following the amalgamation of TigerTel Communications Inc. (the predecessor company) and 7212747 Canada Inc. on October 22, 2009.

Further to a TSX Venture Exchange Bulletin released on October 23, 2009, TigerTel's were voluntarily delisted from the TSX Venture Exchange as at the close of business on October 23, 2009. TigerTel's shares had been subject to a halt trading order from the opening of the market on October 21, 2009 pending the delisting.

The Company has voluntarily surrendered its reporting issuer status in British Columbia, and will cease to be reporting issuer in that Province effective November 5, 2009. It is also in the process of applying to cease to be a reporting issuer in Ontario and Alberta, which applications are expected to be accepted shortly after its non-reporting issuer status becomes effective in British Columbia.

TigerTel is controlled by Douglas D. Swift, TigerTel's President and CEO, Donald H. Swift, the former Chairman of TigerTel's Board of Directors, and five members of TigerTel's senior management team.

This news release may contain forward-looking statements that involve risks and uncertainties and are based on current expectations of TigerTel. Consequently, actual results could differ materially from the expectations expressed in such forward-looking statements.

About TigerTel

TigerTel, a Canadian call center organization, specializes in inbound and outbound call center solutions and services for clients throughout North America. With multiple call centers across Canada, TigerTel has built an infrastructure that provides personalized services to our clients while at the same time delivering world-class results at every level. TigerTel's vision is to provide interactive communication solutions for our clients and their customers by a team focused on service excellence, personal integrity and technical innovation.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content on this news release.

Contact Information

  • TigerTel Communications Inc.
    P. Livingstone