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Microcap & Penny Stocks : SMY - SAMSys Technologies Inc -- Ignore unavailable to you. Want to Upgrade?


To: Montana Wildhack who wrote (242)1/19/2004 8:22:57 PM
From: Montana Wildhack  Read Replies (1) | Respond to of 342
 
SAMSys Technologies Inc. Announcement regarding Warrants

Stock Symbol: SMY
Listing: TSX Venture Exchange
Outstanding Shares: 43.2 Million
Web Site: www.samsys.com

TORONTO, Jan. 19 /CNW/ - SAMSys Technologies Inc. (SMY : TSX-VEN)
("SAMSys") had previously announced on Dec. 22, 2003 that the TSX Venture
Exchange had conditionally approved the listing of 6,000,000 common share
purchase warrants ("Warrants") issued in connection with the deemed exercise
of special warrants on December 30, 2003, subject to SAMSys fulfilling all of
the TSX Venture Exchange's requirements, including the distribution of the
Warrants to a minimum number of public holders. As a result of the recent
exercise of Warrants, the minimum distribution requirement would not be met
and SAMSys has withdrawn its application to have the Warrants listed on the
TSX Venture Exchange.
Notwithstanding, the Warrants and underlying Common Shares (which trade
on the TSX Venture Exchange under the symbol SMY) will remain freely tradeable
and exercisable in Canada and will not be subject to any hold period.