Business
Garneau Inc. announces appointment of Peters & Co. Limited as financial advisor
TSX - GAR NISKU, AB, Feb. 23 /CNW/ - Garneau Inc. ("Garneau") announces that further to its press...
About this update from Green Arrow Resources, Inc.
[{"type":"text","content":"\n\n\n\nTSX - GAR\n\n\nNISKU, AB, Feb. 23 /CNW/ - Garneau Inc. ("Garneau") announces that\nfurther to its press release of February 11, 2009, Garneau has appointed\nPeters & Co. Limited ("Peters & Co.") as its financial advisor and to assist\nit in its review of strategic alternatives. Peters & Co. will be working with\nthe Special Committee of the Garneau Board of Directors in that regard.\n\n\nGarneau also announces that it is soliciting interest from alternative\nlending sources to replace the indebtedness of Garneau to HSBC Bank of Canada\nInc.\n\n\nGarneau will issue further announcements regarding the foregoing matters\nin due course.\n\n\nAbout Garneau Inc.\n------------------\n\n\nGarneau Inc's primary business is the application of high performance\nprotective coating and linings for oil and gas pipeline protection.\nAdditionally, the Corporation designs and fabricates oilfield equipment for\nboth domestic and international markets. With over 30 years of operating\nexperience, Garneau Inc. has developed a significant level of expertise and is\nwell known for innovative technology. The Corporation's website can be\naccessed at www.garneau-inc.com.\n\n\nForward-Looking Information\n---------------------------\n\n\nCertain information in this press release contains forward-looking\nstatements. These statements relate to future events or our future\nperformance. All statements other than statements of historical fact may be\nforward-looking statements. Forward-looking statements are often, but not\nalways, identified by the use of words such as "seek", "anticipate", "plan",\n"continue", "estimate", "expect", "may", "will", "project", "predict",\n"potential", "targeting", "intend", "could", "might", "should", "believe",\n"would" and similar expressions. These statements involve substantial known\nand unknown risks and uncertainties, certain of which are beyond Garneau's\ncontrol, including: the impact of general economic conditions; industry\nconditions; changes in laws and regulations including the adoption of new\nenvironmental laws and regulations and changes in how they are interpreted and\nenforced; fluctuations...