€€€ Wow !! €€€ Poly Pacific startet durch !! €€€
Ich finds auch schrecklich, alle paar Minuten gucken zu müssen, ob irgednetwas passiert....bin aber dennoch der Meinung, dass es gute news sind, weshlab wir hier alle rumsitzen und warten. Der steile Aufwärtstrend kurz vorm Aussetzen stimmt mich sehr optimistisch!!!
WKN A0LGDN §
Kürzel POZ §
Letzter Preis 0,303
Datum, Zeit 26.06.07 15:49
Differenz Vortag % 0,00%
Differenz Absolut Vortag 0,000
Tagesumsatz in €
Tagesumsatz in St.
Preisfeststellungen 0 §
Geld/Brief §
Geld/Brief Volumen
Handelszeiten§9:00 - 17:30
Tageshoch §
Tagestief §
52 Wochen Hoch 31,20
52 Wochen Tief 0,055
Letzter Preis Vortag 0,30
Handelszeiten§9:00 - 17:30
Frage?? Warum steht im 52 Wochen Hoch 31,20 €?? Die Aktie wird doch erst seid Dez. 2006 gehandelt.
City of Kingston Signs Access Agreement
CALGARY, May 1 /CNW/ - Poly-Pacific International Inc. ("Poly-Pacific" or
the "Company") (TSX-V: "PMB"; OTCBB: "PLYPF"; Berlin: "A0LGDN"; Frankfurt:
"POZ") is pleased to announce that the Company has signed an access agreement
with the City of Kingston, Ontario, Canada on April 27, 2007. The agreement
will allow Poly-Pacific to gain access to the McAdoo Lane Landfill Site for
the purpose of assessing the size and quality of the nylon fibre resource.
Poly-Pacific has retained the engineering services of Kleinfeldt
Consultants Ltd., of Toronto, Ontario, Canada to establish the project's
viability and assist Poly-Pacific to formulate plans for the operations,
logistics and commencement of the nylon recovery.
The McAdoo Lane Landfill Site was operated as a licensed landfill from
1970 through to its closure in 1987. Although no formal records of landfilling
were kept, it is estimated that approximately 180,000 tonnes
(360 million pounds) of industrial waste nylon were deposited between 1970 and
1987 and that the overall volume of the present landfill is in the order of
1 million cubic metres.
Mr. Randy Hayward, President, states "Now that the City of Kingston has
signed a formal access agreement with Poly-Pacific, we look forward to
initiating our due diligence over the next few weeks to prove out the
commercial value of the McAdoo Nylon Site. Based on our initial research, I am
extremely optimistic as to the commercial viability of the reclamation of this
110 acre landfill site in Kingston."
This release may contain forward looking statements. These statements are
based on management's current expectations and beliefs and are subject to a
number of risks and uncertainties that could cause actual results to differ
materially from those described in the forward looking statements.
Poly-Pacific does not assume any obligation to update any forward looking
information contained in this news release.
????
Thursday June 28, 8:00 pm ET
EDMONTON, ALBERTA--(CCNMatthews - June 28, 2007) - Poly-Pacific International Inc. (TSX VENTURE MB - News; OTCBB LYPF - News; BERLIN:A0LGDN - News; FRANKFURT OZ - News; "Poly-Pacific" or the "Company") announces that further to a prior press release dated June 20, 2007 which was filed with SEDAR and EDGAR which was not properly disseminated in Canada, that it has purchased all of the issued and outstanding shares of Polyran Reclamation Inc. ("Polyran") pursuant to an exempt take over bid. In consideration for the shares of Polyran, the Company has issued an aggregate of 7,999,996 of its common shares at a deemed price of $0.23 per share pro rata to the shareholders of Polyran. The acquisition of the Polyran shares was completed as an Expedited Acquisition under the policies of the TSX Venture Exchange and is subject to the Exchange's final approval.
ADVERTISEMENT
History of Polyran
Polyran was incorporated under the laws of Alberta on September 11, 2006. Polyran was founded with an intention to participate in a joint venture with Poly-Pacific which was pursuing a nylon reclamation project near Kingston, Ontario. At the time of incorporation, the sole officer and director of Polyran was Mr. Randy Hayward who became the President of Poly-Pacific on October 10, 2006 and subsequently became a director of Poly-Pacific on February 16, 2007. Due to a potential conflict of interest Mr. Hayward resigned as officer and director of Polyran on January 10, 2007, at which time, Mr. John Primose assumed the duties of President and sole director; and Ms. Angela Cole assumed duties as Secretary-Treasurer.
Joint Venture Agreement
Further to the Company's press release of May 1, 2007 whereby the Company signed an access agreement with the City of Kingston, Ontario the Company had a 100% interest in the "McAdoo Project". Polyran had raised $600,000 through share subscriptions proceeds which was advanced by Polyran to the Company in tranches from September 11, 2006 through April 30, 2007. These funds were used for the purposes of evaluation and due diligence with respect to the nylon deposit joint venture. This was recorded in the Company's balance sheet as a non-controlling interest of a variable interest entity.
To assist in the joint venture evaluation, management of Polyran sourced and retained experts in polymer reclamation, specialized cleaning and processing equipment, engineering expertise, and individuals with in-depth knowledge of the North American and Asian markets. Polyran has earned a 30% financial interest in the McAdoo Project by providing financial and technical contributions to the Company. As a result, a joint venture agreement was formalized on May 15, 2007 between the Company and Polyran.
With the acquisition of Polyran, Poly-Pacific will now have a 100% interest in the McAdoo Project.
Poly-Pacific is not aware of any material changes in the affairs of the Company, other than the information contained in this release and other press releases posted on SEDAR and EDGAR (particularly those dated April 17 and April 27, 2007) that would have resulted in the recent increase in market activity. Please refer to the additional and relevant information posted on SEDAR and EDGAR for further information.
Poly-Pacific is a recycling company that manufactures and distributes MultiCut(TM), an environmentally safe, technologically advanced plastic media for paint stripping and coating removal for sensitive substrates. It is an environmentally friendly alternative to using sand and harsh chemicals in the removal of paint and other coatings. Poly-Pacific is actively developing its business model to include the reclamation of industrial polymer fibre throughout North American landfill sites.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Contact:
Randy Hayward
Poly-Pacific International Inc.
President and Chief Executive Officer
(250) 755-7700 or (604) 293-8885
(250) 755-7711 (FAX)
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Source: Poly-Pacific International Inc.