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E-WIRE PRESS RELEASE E-WIRE PRESS RELEASE E-WIRE PRESS RELEASE |
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TRADING COMMENCES ON THE FRANKFURT STOCK EXCHANGE |
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CALGARY, ALBERTA, May. 1 -/E-Wire/--
Maple Leaf Reforestation Inc. (TSX-V: MPE), a China-based reforestation company, today announced that its common stock has commenced trading on the Frankfurt Stock Exchange (FWB) under the symbol "4HV". The International Security Identification Number (ISIN) number is "CA56530U1049".
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FWB is currently the world's third largest stock trading market in terms of share trading volume and total value. The secondary listing on the Frankfurt Stock Exchange will increase exposure to worldwide capital markets and will enable European institutional and individual investors to trade Maple Leaf's common shares in Euro dollars.
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886 AG, a German investment banking and brokerage firm, will be acting as the designated sponsor of MPE for the Frankfurt listing. 886 AG is a registered listing partner and full member of the Frankfurt Stock Exchange and trades extensively on the FWB and XETRA.
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"European investors have a growing appetite for access to businesses operating in China. When combined with Maple Leaf's contributions to improving the environment, we feel European investors will be especially attracted to our Company. Presence on the major German stock exchange will facilitate investment from European investors who would understandably prefer to transact in Euros," stated Raymond Lai, Chairman, President & CEO of Maple Leaf Reforestation Inc.
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The Frankfurt Exchange was founded over four hundred years ago and is operated by Deutsche Boerse AG. In addition to having listings from over 60 countries, the Frankfurt Stock Exchange is home to many China-based listings and has recently set up a division that caters specifically to Chinese businesses. For more information, visit the Frankfurt Stock Exchange at http://deutsche-boerse.com.
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About Maple Leaf Reforestation Inc.
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Maple Leaf is a Canadian company operating a large-scale forest nursery whose primary focus is growing value-added tree seedlings in addition to providing landscaping and nursery products in China. Reforestation has been identified as a critical strategy to help manage China's troubling environmental issues, namely pollution and desertification. Maple Leaf currently has over 6 million varieties of seedlings under cultivation at its nursery facility that includes a 110,000-square foot greenhouse located in Liang Cheng, Inner Mongolia, China. Maple Leaf is a wholly-owned foreign enterprise ("WOFE"), which allows Maple Leaf to control 100% of the direction and operations of the company in China while permitting the cash generated from operations in China to flow back to Canada. For further information regarding Maple Leaf Reforestation Inc., visit www.mlreforestation.com or contact:
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Should you wish to receive Company news via email, please email catarina@chfir.com and specify "Maple Leaf Reforestation Inc." in the subject line or contact the Company directly.
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The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
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Certain statements in this news release including (i) statements that may contain words such as "anticipate", "could", "expect", "seek", "may" "intend", "will", "believe", "should", "project", "forecast", "plan" and similar expressions, including the negatives thereof, (ii) statements that are based on current expectations and estimates about the markets in which Maple Leaf operates and (iii) statements of belief, intentions and expectations about developments, results and events that will or may occur in the future, constitute "forward-looking statements" and are based on certain assumptions and analysis made by Maple Leaf. Forward-looking statements in this news release include, but are not limited to, statements with respect to future capital expenditures, including the amount, nature and timing thereof; other development trends within the China's seedling industry; business strategy; expansion and growth of Maple Leaf's business and operations and other such matters. Such forward-looking statements are subject to important risks and uncertainties, which are difficult to predict and that may affect Maple Leaf's operations, including, but are not limited to: the impact of general economic conditions; industry conditions; government and regulatory developments; seedling product supply and demand; competition; and Maple Leaf's ability to attract and retain qualified personnel. Maple Leaf's actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do transpire or occur, what benefits Maple Leaf will derive there from. Subject to applicable law, Maple Leaf disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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All forward-looking statements contained in this document are expressly qualified by this cautionary statement. Further information about the factors affecting forward-looking statements is available in other disclosure documents of Maple Leaf which have been filed with Canadian provincial securities commissions and are available on www.sedar.com.
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/SOURCE:
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Maple Leaf Reforestation Inc |
-0-
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05-01-2008 |
/CONTACT:
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Maple Leaf Reforestation Inc.
Raymond Lai, Chairman, President & CEO
Tel: +1 (403) 668-7560
Fax: +1 (403) 250-2534
E-mail: rlai@mlreforestation.com
CHF Investor Relations - Toronto
Catarina Cerqueira, Associate Account Manager
Tel: +1 (416) 868-1079 ext. 251
Email: catarina@chfir.com
Christopher Haldane, Account Manager
Tel: +1 (416) 868-1079 ext. 237
Email: chris@chfir.com
CHF Investor Relations - Shanghai
Tel: +86 (0)21 28909034 |
| /WEB SITE: |
http://www.mlreforestation.com
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