Universal Infrastructure Corp.

December 05, 2006 13:50 ET

Universal Infrastructure Corp.: Announces Completion of Initial Public Offering

CALGARY, ALBERTA--(CCNMatthews - Dec. 5, 2006) - Universal Infrastructure Corp. ("Universal") is pleased to announce that it has successfully completed its initial public offering through Blackmont Capital Inc. of 1,500,000 common shares at a price of $0.20 per share for aggregate gross proceeds of $300,000. Universal has received conditional listing approval for its common shares on the TSX Venture Exchange and expects that trading will commence shortly under the symbol "UIC".

Universal is a capital pool company governed by the policies of the TSX Venture Exchange. Universal's principal business is the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction.

The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.

Contact Information

  • Universal Infrastructure Corp.
    John Driscoll
    (416) 364-8788
    Universal Infrastructure Corp.
    130 King Street West, Suite 2850
    Toronto, Ontario, M5X 1A4
    (416) 364-8788
    (416) 364-5615 (FAX)