A. & E. Capital Funding Completes a Capital Reorganization and a Name Change.TORONTO -- A. & E. Capital Funding Inc. (the "Company") announces the completion of a reorganization of the Company's share capital and a name change to E & E Capital Funding Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:AEF AEF: see World War I. ). Pursuant to a Special Resolution passed by the Shareholders of the Company on May 31, 2005 and with the acceptance by the TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. , the Company has amended its Articles to: (i) create a new class of shares to be designated as common shares; (ii) change the outstanding multiple voting Noun 1. multiple voting - the act of voting in more than one place by the same person at the same election (illegal in U.S.) balloting, vote, voting, ballot - a choice that is made by counting the number of people in favor of each alternative; "there were only 17 shares and subordinate voting shares Voting Shares Shares that give the stockholder the right to vote on matters of corporate policy making as well as who will compose the members of the board of directors. Notes: Different classes of shares, such as preferred stock, sometimes don't allow for voting rights. into common shares on the basis of one common share for each 20 multiple voting shares and one common share for each 20 subordinate voting shares; and (iii) cancel all the authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: and unissued multiple voting shares and subordinate voting shares of the Company. Effective at the opening October 18, 2005, the common shares of E & E Capital Funding Inc. will commence trading on the TSX Venture Exchange under the symbol "AEF" and the multiple voting shares and subordinate voting shares of the Company will be delisted. Upon completion of the reorganization, the capitalization of the Company will be 679,854 issued and outstanding common shares. The Company also announces that, effective immediately, Equity Transfer Services Inc. will act as the Company's registrar and transfer agent. "The TSX Venture Exchange does not accept responsibility for the a dequacy or accuracy of this release." A. & E. Capital Funding Inc. (TSX VENTURE:AEF) |
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