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Re: News Releases - Monday, March 10, 2008
Baltic Resources Inc. Requests Trading Halt
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TORONTO, March 10, 2008 -- Baltic Resources Inc. ("Baltic") (TSXV: BLR)
announces that trading of its common shares will be halted effective at
the opening of trading today, in anticipation of the completion of the
arrangement of Baltic involving PhosCan Chemical Corp. ("PhosCan").
The arrangement was approved by the shareholders of Baltic and the
shareholders of PhosCan on March 4, 2008, and by the Court of Queen's
Bench of Alberta on March 7, 2008. For information concerning the
arrangement, please refer to Baltic's management information circular
dated February 1, 2008, filed on SEDAR at www.sedar.com.
For further information please contact:
Donald McKinnon
President & CEO
Baltic Resources Inc.
(705) 268-9000
Gordon McKinnon
Manager Corporate Development
Baltic Resources Inc.
(705) 268-9000
www.balticresources.ca
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Copyright (c) 2008 BALTIC RESOURCES INC. (BLR) All rights reserved.
For more information visit our website at
http://www.balticresources.ca/ or send mailto:akelcey@christinet.ca
Message sent on Mon Mar 10, 2008 at 8:28:39 AM Pacific Time
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