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Re: News Releases - Friday, January 09, 2009
HORIZON ANNOUNCES PROPOSED CONSOLIDATION AT UPCOMING
EXTRAORDINARY GENERAL MEETING
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VANCOUVER, British Columbia -- January 9, 2009 -- Horizon Industries
Ltd. (TSXV:HRZ), announces that further to its call for an
extraordinary general meeting on January 29, 2009, approval will be
sought for a share consolidation of 8:1 of its share capital from the
current issued and outstanding number of 27,543,800 shares into
3,442,975 shares. The purpose of the share consolidation is to
facilitate further financings and transactions for the Company. The
Company is also contemplating a name change to more accurately reflect
the nature of Horizon's business, which will coincide with the share
consolidation. The share consolidation shall be subject to TSX Venture
Exchange approval.
On Behalf of the board of directors,
"Christopher Wensley"
Christopher Wensley, President
The TSX has not reviewed and does not accept responsibility for the
adequacy or accuracy of the content of this News Release. WARNING:
The Company relies on litigation protection for "forward looking"
statements. Actual results could differ materially from those
described in the news release as a result of numerous factors, some of
which are outside the control of the Company.
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Copyright (c) 2009 HORIZON INDUSTRIES LTD. (HRZ) All rights reserved.
For more information visit our website at
http://www.horizonindustriesltd.com/ or send
mailto:info@horizonindustriesltd.com
Message sent on Thu Jan 8, 2009 at 12:11:26 PM Pacific Time
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Petro Horizon Energy Corp.
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EXPLORATION STAGE |
CODE : PHE.V |
ISIN : CA7164501016 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Petro Horizon Energy is a and oil exploration company based in Canada. Its main exploration properties are NEW WAVERLY PROSPECT and FUNK PROSPECT in USA. Petro Horizon Energy is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 2.0 millions as of today (US$ 2.0 millions, € 1.6 millions). Its stock quote reached its lowest recent point on January 16, 2009 at CA$ 0.01, and its highest recent level on March 19, 2010 at CA$ 0.48. Petro Horizon Energy has 6 504 000 shares outstanding. |