Business
Inventronics Announces Share Consolidation and New Trading Symbol
Inventronics Announces Share Consolidation and New Trading Symbol.
About this update from Inventronics Limited
[{"type":"text","content":"\n\n\n\n\n\"IVT\" Common Shares Consolidated 5:1 and Trade Under New Symbol \"IVX\"\n\nCALGARY, July 27 /CNW/ - Inventronics Limited (IVX:TSXV, formerly\nIVT:TSXV), a designer and manufacturer of custom metal enclosures for the\ncommunications, electronics and other industries in North America, today\nannounced the finalization of the Common Share consolidation approved by the\nCorporation's Shareholders at its Annual and Special Meeting, held in\nVancouver, BC, on Wednesday, June 7, 2006.\nEffective Friday, July 28, 2006, Inventronics' number of common shares\noutstanding has been reduced from 21,975,726 shares to 4,395,145 (subject to\nrounding). This gives effect to the 5:1 consolidation approved by shareholders\nat the Annual and Special Meeting of Shareholders held June 7, 2006. Effective\nFriday, July 28, 2006, common shares of Inventronics will trade under the\nsymbol \"IVX\" on the TSX Venture Exchange.\n\nAbout Inventronics\nInventronics Limited designs and manufactures custom enclosures and other\nproducts for an array of customers in the telecommunications, electronics,\ntraffic controls, electric utilities and computer services industries in North\nAmerica. Inventronics' enclosures are sophisticated products that function as\npermanent packaging to address a variety of customer concerns including\nsecurity, protection from the outside environment, ventilation and thermal\nmanagement, noise abatement, aesthetics and styling, electromagnetic\ncompatibility and component integration. The Corporation owns its ISO\n9001-registered production facility in Brandon, Manitoba, and has sales and\ncorporate offices in Calgary, Alberta.\nShares of Inventronics are traded on the TSX Venture Exchange under the\nsymbol \"IVX\" (formerly IVT:TSXV). For more information about the Corporation,\nits products and its services, go to www.inventronics.com.\n\nDisclaimer\nThis news release contains forward looking information that represents\nthe Corporation's internal projections, expectations, estimates or beliefs\nconcerning, among other things, future operating results and various\ncomponents thereof or the Corporation's future economic performance. These\nstatements relate to future events or future performance. All statements other\nthan the statements of historical fact may be forward-looking statements. In\nsome cases, forward-looki...