Business
Aerocast Announces Listing on Frankfurt Stock Exchange
(via Thenewswire.ca)
About this update from Aero Energy Limited
[{"type":"text","content":"Aerocast Announces Listing on Frankfurt Stock Exchange\n\n(via Thenewswire.ca)\nMarch 27 2009 - Aerocast Inc. (\"Aerocast\" CNSX-A) announces that effective today the company's shares are listed on the Frankfurt Stock Exchange Open Market under the symbol ØAE.\n\nBob Jamieson, president of Aerocast, stated: \"Our company's listing on the Frankfurt Stock Exchange listing potentially enables a vast increase in European institutional and individual shareholders to participate as shareholders in Aerocast. We believe that this listing provides an opportunity to generate significant interest for our company, especially now that Aerocast's revenues are starting to grow significantly.\"\n\nAerocast also announces that further to its news release dated March 3, 2009, the company has entered into amendment agreements to both the financial advisory agreement and the stock option amendment agreement with Small Cap Invest Ltd. (\"Small Cap Invest\") whereby the references to a stock option grant to acquire up to 250,000 common shares at an exercise price of $0.30 per share, conditional upon Small Cap Invest having facilitated a $250,000 financing into Aerocast, have been deleted from both the financial advisory agreement and the stock option agreement.\n\nAbout the Frankfurt Stock Exchange\n\nThe Frankfurt Stock Exchange (FSE) is one of the biggest and most efficient exchanges in the world. It is owned and operated by Deutsche Börse, which also owns the European futures exchange Eurex and clearing company Clearstream. The Open Market of the FSE is regulated by the FSE itself and is gaining increasing importance as a listing platform for small and medium-sized companies seeking an alternative method of entry to the stock market.\n\nAbout Small Cap Invest Ltd.\n\nSmall Cap Invest is a financial services provider for small and mid cap companies that focuses on discovering undervalued and promising growth companies which are either listed or seek to be listed on a European stock exchange.\n\nAbout Aerocast Inc.\n\nAerocast operates a high-growth sand-casting foundry that produces complex aluminum and magnesium castings primarily for the aerospace industry. Customers include Honeywell Aerospace, Hamilton Sundstrand and Shimadzu Precision Instruments. Aerocast is experiencing high demand for its products and has limited competition. Our ...