Barrington Foods Announces Restructuring of Company.Business Editors LAS VEGAS--(BUSINESS WIRE)--Jan. 23, 2004 Barrington Foods International, Inc. (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :UCAD UCAD Université Cheikh Anta Diop (Dakar, Senegal) UCAD Unstable Coronary Artery Disease - formerly OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BFII) announced today that the management has completed a major restructuring of the corporation. Effective immediately, the new name of the corporation is U.S. Canadian Minerals, Inc. The stock trading symbol Trading symbol See: Ticker symbol for the firm is "UCAD" and the shares will continue to trade on the Nasdaq Over-The-Counter Bulletin Board. Part of the restructuring was designed to position the share valuation away from the "penny stock" arena, and to reduce the number of shares issued and outstanding. As a result, a stock split of 125 for 1 was initiated. An entirely new focus is in place for the company, a focus in minerals and mining. Rendal Williams, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of U.S, Canadian Minerals, Inc., stated today, "We are delighted to announce our first joint venture. We have signed a definitive agreement with Nevada Minerals, Inc." Further details of this venture will be forthcoming in future press releases, and in S.E.C. filings. In view of the newly restructured company, several new members of the Board are being added, and they will be announced in the near future. Safe Harbor Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. |
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