AccelRate Stock Consolidation Takes Effect
08 Janeiro 2010 - 5:07PM
Marketwired
AccelRate Power Systems Inc. (TSX VENTURE: AXP)(FRANKFURT: KCG)
(the "Company") reports that the 3:1 share consolidation approved
at the Company's 2009 annual and special general meeting held
December 15, 2009 became effective at the market opening today. The
Company has not changed its name. Its trading symbol has changed
from APR to AXP.
After giving effect to the consolidation, the Company has an
aggregate of 2,266,612 shares outstanding.
AccelRate Power Systems Inc. is headquartered in Vancouver, BC.
The Company's shares trade on the TSX Venture Exchange and on the
Frankfurt Exchange (symbol KCG).
Reimar Koch, President and CEO
This new release may contain forward-looking statements. These
statements are based on current expectations and assumptions that
are subject to risks and uncertainties. Actual results could differ
materially because of factors discussed in the management
discussion and analysis section of our interim and most recent
annual financial statements or other reports and filings with the
TSX Venture Exchange and applicable Canadian securities
regulations. We do not assume any obligation to update any
forward-looking statements.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
Contacts: AccelRate Power Systems Inc. Reimar Koch (604) 688
8656 (604) 688 8654 (FAX) info@accelrate.com www.accelrate.com
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