Crossfield Capital Corp.-Announces Name Change & TSX Listing Conditional Approval.TORONTO -- Crossfield Capital Corp. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:CXF CXF Chemical eXchange Format ) ("Crossfield" or the "Corporation") is pleased to announce that the Corporation has changed its name to Royal Laser Corp. effective September 12, 2005 as approved by the shareholders of the Corporation at its annual general meeing held yesterday. E[acute accent acute accent n. A mark (´) indicating: a. that a vowel is close or tense, as é in French été. b. that a vowel or syllable has a high or rising pitch, as in Chinese or Ancient Greek. c. ]Furthermore, the Corporation is pleased to announce the appointment of Michael Farrugia to the Board of Directors. Michael brings to the company a number of years of experience as a senior executive of a number of successful manufacturing companies. The Board is now comprised of Joseph Mimran, Bill Iannaci, A. Murray Sinclair The Honourable Murray Sinclair, formerly the Associate Chief Judge of the Provincial Court of Manitoba, was appointed to the Manitoba Court of Queen's Bench on January 31, 2001. He replaced the Honourable Freda M. Steel, upon her appointment to the Manitoba Court of Appeal. , Greg Van Staveren, and Michael Farrugia. E[acute accent]The Corporation also announces that it has received conditional approval from the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. (the "TSX") for the listing of its common shares on the TSX, subject to the Company filing satisfactory final documentation. The Company expects to have these materials to the TSX in short order. The Company will change its ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors accordingly. E[acute accent]Bill Iannaci, Crossfield's Chief Executive Officer commented: "This move to the Toronto Stock Exchange is further evidence of the move from a start-up to a more mature business. Our shorter-term business plan is to fill the expansive capacity that we have created/acquired in the past two years since starting-up. We are on the right path, and our recent financial results show this. Our medium-term business plan is to increase our critical mass, in order to have a stronger foundation from which to grow. In order to accomplish this, our business plan includes the ongoing review of various complimentary acquisitions. We have been, and continue to be in, certain discussions to acquire entities that will facilitate our continued profitable growth & expansion." E[acute accent]For further information and all other public filings, please visit SEDAR SEDAR System for Electronic Document Analysis and Retrieval SEDAR Southeast Data, Assessment, and Review at www.sedar.com. E[acute accent]The Corporation, through its wholly owned operating subsidiaries Royal Laser Mfg Inc. and WAM WAM - Intermediate language for compiled Prolog, used by the Warren Abstract Machine. "An Abstract Prolog Instruction Set", D.H.D. Warren, TR 309, SRI 1983. Industries Ltd., manufactures custom wood and metal products and targets the multi-billion dollar high-end retail in-store development industry as well as the OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and industrial products and construction industries, in Canada, the United States and increasingly, overseas. Royal Laser and WAM employ state-of-the-art industrial technology to fabricate custom and standardized wood and metal products, including robotic wood finishing lines and advanced laser-based computer-integrated manufacturing systems. In addition to contract manufacturing services, Royal Laser and WAM provide value-added engineering and design services. E[acute accent]This press release contains forward-looking statements based on assumptions, uncertainties and management's best estimates of future events. When used herein, words such as "intend" and similar expressions are intended to identify forward-looking statements. Forward-looking statements are based on assumptions by and information available to the Corporation. Investors are cautioned that such forward-looking statements involve risks and uncertainties. Important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include risks and factors as are detailed from time to time in the Corporation's periodic reports filed with the Ontario Securities Commission The Ontario Securities Commission (OSC) is a regulatory agency which administers and enforces securities legislation in the Canadian province of Ontario. The OSC is an Ontario Crown corporation which reports to the Ontario legislature through the Minister of Finance. and other regulatory authorities. Actual results may differ materially from those currently anticipated. The Corporation has no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained herein are expressed qualified by this cautionary statement. E[acute accent]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. does not accept responsibility for the adequacy or accuracy of this release. E[acute accent]Crossfield Capital Corp. (TSX VENTURE:CXF) |
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