OML-TSX Venture Exchange
CERRITOS, CA, Sept. 1 /CNW/ - Omni-Lite Industries Canada Inc. is pleased
to announce that it has filed with the TSX Venture Exchange its Notice of
Intention to initiate a Normal Course Issuer Bid to purchase, on the open
market through the facilities of the TSX Venture Exchange, up to 500,000
common shares. This represents approximately 5% of 10,009,300 issued and
outstanding shares. The bid is made to invest corporate funds to the best
advantage. Purchases pursuant to the bid will be conducted by Sprott
Securities Inc. Purchases may begin on September 1, 2005 subject to approval
by Regulatory Authorities. The bid expires on August 31st, 2006.
Omni-Lite is a rapidly growing high technology company that develops and
manufactures precision components utilized by 140 companies including Boeing,
Airbus, Alcoa, Daimler-Chrysler, the U.S. Military, Nike, adidas and Reebok.
Except for historical information contained herein this document contains
forward-looking statements. These statements contain known and unknown risks
and uncertainties that may cause the company's actual results or outcomes to
be materially different from those anticipated and discussed herein.
THE TSX-VENTURE EXCHANGE NEITHER APPROVES NOR DISAPPROVES
OF THE INFORMATION CONTAINED HEREIN.