Business
Maple Leaf Reforestation Inc. - Engagement Agreement
(TSX-V: MPE) Shares Issued: 55,931,980 Last Close: 12-19-2007 $0.98
About this update from Maple Leaf Green World, Inc.
[{"type":"text","content":"\n\n\n\n(TSX-V: MPE)\n\n\nShares Issued: 55,931,980\n\n\nLast Close: 12-19-2007 $0.98\n\n\nCALGARY, Dec. 20 /CNW/ - Maple Leaf Reforestation ("Maple Leaf") is\npleased to announce that it has entered into an engagement agreement with\nEmBay Capital Banquo Ltd. ("EmBay"). EmBay has been retained to assist with\nMaple Leaf accessing the European capital markets and to act as the principal\nfacilitator in connection with applying for a cross-border dual-listing on the\nFrankfurt Stock Exchange ("FWB"). As principal facilitator EmBay will provide\nthe following services:\n\n\n- locate a designated sponsor for the FWB listing application;\n\n- advise on proper share structure;\n\n- select a market-maker, trading platform and brokerage firm to\n facilitate trading activities;\n\n- liaise and work with legal and other professionals during the\n regulatory application process;\n\n- assist with setting up overseas trading accounts; and\n\n- if separately contracted for, assist with corporate financing and\n investor relations activities.\n\n\nMaple Leaf's President and CEO, Mr. Raymond Lai, is extremely enthused\nabout Maple Leaf having an opportunity to enter the European market. In\nparticular, Mr. Lai believes that the German market will fit well with Maple\nLeaf's Xinjiang Project, given the country's high levels of consumption and\nproduction of bio diesel. Mr. Lai is very pleased that this agreement has been\nfinalized prior to his departure for China on December 21, 2007, where he\nplans to execute the Xinjiang Project contract and attend the press conference\nannouncing the creation of the "Maple Leaf Anti-Desertification Foundation\nFund".\n\n\nMaple Leaf's primary mission is to provide top quality, value added\nnursery seedlings and modern Canadian tree growing technology to assist China\nin solving its desertification problems. Maple Leaf currently has over\n6,000,000 various types of seedlings under cultivation in its 110,000 square\nfoot greenhouse.\n\n\n The TSX Venture Exchange does not accept responsibility\n for the adequacy or accuracy of this release.\n\n\nCertain statements in this news release including (i) statements that may\ncontain words such as "anticipate", "could", "expect", "seek", "may" "intend",\n"will&q...