Mr. Chad McMillan reports
CANADA GAS ANNOUNCES SHARE CONSOLIDATION
Canada Gas Corp. has consolidated the issued and outstanding share capital of the company such that every three existing shares were consolidated into one new share. The transaction received TSX Venture Exchange acceptance on Sept. 3, 2010.
The shares of the company will commence trading on the TSX Venture Exchange on a consolidated basis on Sept. 7, 2010, under the trading symbol CJC. The company will not be changing its name in connection with the share consolidation.
Management believes that consolidating the company's issued share capital would be in the best interests of the company. In the opinion of management, the share consolidation will improve the ability of the company to attract additional equity financing and assist in the acquisition of new projects of merit. The company continues to review new opportunities and welcomes interested parties to contact the company via e-mail or by phone at 604-685-5851.
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