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Post by Franko10 ™ on Jul 27, 2005 17:02:30 GMT -5
Barrington Foods Announces Restructuring of Company
Business Editors
LAS VEGAS--(BUSINESS WIRE)--Jan. 23, 2004
Barrington Foods International, Inc. (OTC Bulletin Board:UCAD - formerly OTCBB:BFII) announced today that the management has completed a major restructuring of the corporation.
Effective immediately, the new name of the corporation is U.S. Canadian Minerals, Inc. The stock trading symbol for the firm is "UCAD" and the shares will continue to trade on the Nasdaq Over-The-Counter Bulletin Board. Part of the restructuring was designed to position the share valuation away from the "penny stock" arena, and to reduce the number of shares issued and outstanding. As a result, a stock split of 125 for 1 was initiated.
An entirely new focus is in place for the company, a focus in minerals and mining. Rendal Williams, CEO of U.S, Canadian Minerals, Inc., stated today, "We are delighted to announce our first joint venture. We have signed a definitive agreement with Nevada Minerals, Inc." Further details of this venture will be forthcoming in future press releases, and in S.E.C. filings.
In view of the newly restructured company, several new members of the Board are being added, and they will be announced in the near future.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements.
COPYRIGHT 2004 Business Wire
COPYRIGHT 2004 Gale Group
Business Editors
LAS VEGAS--(BUSINESS WIRE)--Jan. 23, 2004
Barrington Foods International, Inc. (OTC Bulletin Board:UCAD - formerly OTCBB:BFII) announced today that the management has completed a major restructuring of the corporation.
Effective immediately, the new name of the corporation is U.S. Canadian Minerals, Inc. The stock trading symbol for the firm is "UCAD" and the shares will continue to trade on the Nasdaq Over-The-Counter Bulletin Board. Part of the restructuring was designed to position the share valuation away from the "penny stock" arena, and to reduce the number of shares issued and outstanding. As a result, a stock split of 125 for 1 was initiated.
An entirely new focus is in place for the company, a focus in minerals and mining. Rendal Williams, CEO of U.S, Canadian Minerals, Inc., stated today, "We are delighted to announce our first joint venture. We have signed a definitive agreement with Nevada Minerals, Inc." Further details of this venture will be forthcoming in future press releases, and in S.E.C. filings.
In view of the newly restructured company, several new members of the Board are being added, and they will be announced in the near future.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements.
COPYRIGHT 2004 Business Wire
COPYRIGHT 2004 Gale Group
