Business
Foraco International announces no corporate development statement
Foraco International announces no corporate development statement
About this update from Foraco International Sa
[{"type":"text","content":"\n\n\n\nDec. 2, 2009 (Canada NewsWire Group) -- TORONTO and MARSEILLE, France, Dec. 2 /CNW/ -- Foraco International SA (the \"Company\" or \"Foraco\"), a leading global provider of diversified drilling services, at the request of Market Surveillance, on behalf of the Toronto Stock Exchange, wishes to issue a statement that the Company is not aware of any material undisclosed development that would cause yesterday's upward movement in the Company's share price.About Foraco International SAForaco International SA (TSX: FAR) is a global leading drilling services company that provides turnkey solutions for mining, energy, water and infrastructure projects. Supported by its founding values of integrity, innovation and involvement, Foraco has grown into a global enterprise with operations in 19 countries across five continents. For more information about Foraco, visit www.foraco.com.To receive Company press releases, please email [email protected] and mention \"Foraco News\" on the subject line.\"Neither TSX Exchange nor its Regulation Services Provider (as that termis defined in the policies of the TSX Exchange) accepts responsibilityfor the adequacy or accuracy of this release.\"Caution concerning forward-looking statementsThis document may contain \"forward-looking statements\" and \"forward-looking information\" within the meaning of applicable securities laws. These statements and information include estimates, forecasts, information and statements as to Management's expectations with respect to, among other things, the future financial or operating performance of the Company and capital and operating expenditures. Often, but not always, forward-looking statements and information can be identified by the use of words such as \"may\", \"will\", \"should\", \"plans\", \"expects\", \"intends\", \"anticipates\", \"believes\", \"budget\", and \"scheduled\" or the negative thereof or variations thereon or similar terminology. Forward-looking statements and information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by Management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Readers are cautioned that any such forward-looking statements and information are not guarantees and there can be no assurance that such statements and in...