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Article: Coretec Announces Update on Private Placement and Formation of Special Committee to Review Offers.
- Article from:
- Marketwire Canada
- Article date:
- November 8, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TORONTO, ONTARIO, Nov 8, 2009 (Marketwire via COMTEX) -- Coretec Inc. ("Coretec" or the "Corporation"), (TSX:CYY), a leading designer and fabricator of printed circuit boards for the prototype and quick turnaround production markets, announced today that it has recently received proposals from third parties with respect to a possible sale of Coretec. Coretec continually investigates any and all opportunities presented to it which could enhance shareholder value. To assist it in reviewing the proposals, Coretec has formed a special committee of its board of directors comprised of Saleem Dedhar, Peter Murphy and Walt Custer. There can be no assurance that a transaction will ...