VGS Seismic Canada Inc.
NEX BOARD : VGS.H

VGS Seismic Canada Inc.

December 07, 2006 17:00 ET

VGS Seismic Files Filing Statement

CALGARY, ALBERTA--(CCNMatthews - Dec. 7, 2006) -

THIS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

VGS Seismic Canada Inc. (NEX BOARD:VGS.H) (the "Corporation") announces that it filed a filing statement on SEDAR at www.sedar.com with respect to the proposed amalgamation of 1273151 Alberta Ltd., a wholly owned subsidiary of the Corporation, VGS Database International Inc. and VGS Capital Ltd., following which the amalgamated entity will amalgamate with the Corporation. The proposed amalgamation was previously announced on November 24, 2006. The proposed amalgamation is expected to take place on or around December 15, 2006.

The Corporation carries on the business of pursuing opportunities in the creation, acquisition and marketing of seismic data for use in the oil and natural gas industry. The Class A common shares of the Corporation are currently listed on NEX and are halted pending this transaction.


The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.

Contact Information

  • VGS Seismic Canada Inc.
    Scott Milroy
    Chief Financial Officer
    (403) 263-6050