Business
GARNEAU INC. ANNOUNCES EXERCISE OF OPTION TO PURCHASE OF NISKU PROPERTY
Feb. 23, 2011 (Canada NewsWire Group) -- NEX - GAR.H NISKU, AB, Feb. 23 /CNW/ - Garneau ...
About this update from Green Arrow Resources, Inc.
[{"type":"text","content":"\n\n\n Feb. 23, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nNEX - GAR.H\n\n\nNISKU, AB, Feb. 23 /CNW/ - Garneau Inc. ("Garneau" or the "Corporation") (NEX: GAR.H) announces that further to the previously announced lease agreement (the\n "Lease") with an arm's length third party (the "Tenant") to lease substantially all of Garneau's remaining property (the "Property"), which was approved by the shareholders of the Company at the annual\n and special meeting of shareholders held on October 27, 2010, the\n Tenant has exercised its option to purchase the Property pursuant to\n the terms of the Lease for the purchase price of $5,800,000 (subject to\n adjustments).  The purchase of the Property by the Tenant is subject to\n certain regulatory and other approvals and is expected to close within\n the next 60 days.\n\n\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as\n that term is defined in the policies of the TSX Venture Exchange)\n accepts responsibility for the adequacy or accuracy of this release.\n\n\nForward-Looking Information\n\n\nCertain information in this press release contains forward-looking\n statements. These statements relate to future events or actions. All\n statements other than statements of historical fact may be\n forward-looking statements. Forward-looking statements are often, but\n not always, identified by the use of words such as "expected" and\n similar expressions...