Business
Rocky Mountain Dealerships announces proposed acquisition of the last Independent Case IH dealer in Southern Alberta
CALGARY, May 12 /CNW/ - Rocky Mountain Dealerships Inc. ("Rocky Mountain" or the "Company") annou...
About this update from Roland Mineral Enterprises Corp.
[{"type":"text","content":"\n\n\n\nCALGARY, May 12 /CNW/ - Rocky Mountain Dealerships Inc. ("Rocky Mountain"\nor the "Company") announces that it has entered into a letter of intent with\nthe shareholders of Roydale International Inc. ("Roydale"). Roydale\nInternational is the last Alberta Case IH dealer south of Calgary not owned\nand operated by Rocky Mountain. The deal is expected to close on or about June\n9, 2008, and is an all cash deal.\n\n\nCommenting on the Company's acquisition, Matt Campbell, CEO of Rocky\nMountain said, "With this acquisition the consolidation of the Alberta Case IH\ndealers from Calgary to the US border is complete."\n\n\nAbout Rocky Mountain:\n\n\nRocky Mountain represents one of Canada's largest agriculture and\nconstruction equipment dealerships with 13 dealership branches located\nthroughout Alberta. Rocky Mountain sells, rents and leases new and used\nconstruction and agriculture equipment, including the Case Construction and\nCase IH Agriculture brands, as well as offering product support and finance\nand insurance products to its customers.\n\n\nAdditional information on Rocky Mountain is available on our website at\nwww.rockymtn.com and on SEDAR at www.sedar.com. The Common Shares of Rocky\nMountain trade on the Toronto Stock Exchange under the symbol "RME".\n\n\nForward Looking Information\n\n\nCertain statements contained in this press release, including statements\nrelated to the proposed acquisition and statements that contain words such as\n"could", "should", "can", "anticipate", "expect", "believe", "will", "may",\n"likely" and similar expressions and statements relating to matters that are\nnot historical facts constitute "forward-looking information" within the\nmeaning of applicable Canadian securities legislation.\n\n\nThese statements are based on certain assumptions and analysis made by\nthe Company in light of its experience and its perception of historical\ntrends, current conditions and expected future developments as well as other\nfactors it believes are appropriate in the circumstances. However, whether\nactual results, performance or achievements will conform to the Company's\nexpectations and predictions is subject to a number of known and unknown ris...