Article: Novamerican Steel Inc. Announces Its Intent to Terminate Its SEC Reporting Obligations.

MONTREAL -- In connection with the previously announced acquisition on November 15, 2007 by Symmetry Holdings Inc. ("Symmetry") of all of the outstanding shares of common stock of Novamerican Steel Inc. (the "Company"), a Form 25 was filed with the United States Securities and Exchange Commission (the "SEC") on November 15, 2007 to delist the Company's common stock from The Nasdaq Global Market. Accordingly, the Company today announced its intention to file a Form 15F with the SEC to voluntarily terminate its reporting obligations under the United States Securities Exchange Act of 1934 (the "Exchange Act"). The Company expects the termination to take effect no later than ...

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