(PPI) TSX/SWX
CALGARY, Nov. 8 /CNW/ - Proprietary Industries Inc. ("PPI") announced
today that due to the low volume of the Company's shares trading on the SWX
Swiss Exchange ("SWX"), the Company has filed a request to have its shares
de-listed from the SWX.
The SWX has approved the request. Consequently, the shares of PPI will be
de-listed from the SWX on February 9, 2006 and the last day of trading on this
exchange will be February 8, 2006.
PPI will continue to trade without interruption on the TSX Toronto Stock
Exchange.
About Proprietary:
Proprietary is based in Calgary, Alberta and listed on the Toronto and
Swiss Stock Exchanges trading under the symbol PPI. Proprietary is a principal
merchant bank.
Forward-looking statements: This document contains statements about
expected or anticipated future events and financial results that are forward-
looking in nature and, as a result, are subject to certain risks and
uncertainties, such as general economic, market and business conditions, the
regulatory process and actions, technical issues, new legislation, competitive
and general economic factors and conditions, the uncertainties resulting from
potential delays or changes in plans, the occurrence of unexpected events, and
the Corporation's capability to execute and implement its future plans. Actual
results may differ materially from those projected by management. For such
statements, we claim the safe harbour for forward-looking statements within
the meaning of the Private Securities Legislation Reform Act of 1995.
The Toronto Stock Exchange and the SWX Swiss Exchange have neither
approved nor disapproved the information contained herein.
