Westway Group, Inc. Approved to List on NASDAQ
December 16 2009 - 3:46PM
PR Newswire (US)
NEW ORLEANS, Dec. 16 /PRNewswire-FirstCall/ -- Westway Group, Inc.
(OTC Bulletin Board: WTWG) ("Westway" or "the Company") announced
today that the Company received approval to list its Class A common
stock, warrants and units on the NASDAQ Capital Market. (Logo:
http://www.newscom.com/cgi-bin/prnh/20090529/DA24496LOGO) Westway
expects its Class A Common Stock, warrants and units to be listed
on the NASDAQ Capital Market on Monday, December 21, 2009, under
the symbols "WWAY," "WWAYW," and "WWAYU," respectively. Until such
time, its common shares, warrants and units will continue to trade
on the Over the Counter Bulletin Board. After listing on NASDAQ,
Westway will no longer trade with the stock symbol WTWG. "We are
extremely pleased and honored to list our securities on NASDAQ, one
of the world's preeminent stock exchanges," stated Peter Harding,
CEO of Westway. "We consider this upgrade as a significant
milestone in Westway's development and validation of our corporate
governance practices. We expect that our Company will attain higher
visibility within the investment community and media, leading to
improved liquidity of our stock and the attraction of new
shareholders." Forward-Looking Statements. This press release
includes forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. We have based
these forward-looking statements on our current expectations and
projections about future events. These forward-looking statements
are subject to known and unknown risks, uncertainties and
assumptions about us that may cause our actual results, levels of
activity, performance or achievements to be materially different
from any future results, levels of activity, performance or
achievements expressed or implied by such forward-looking
statements. In some cases, you can identify forward-looking
statements by terminology such as "may," "should," "could,"
"would," "expect," "plan," "anticipate," "believe," "estimate,"
"continue," or the negative of such terms or other similar
expressions. Factors that might cause or contribute to such a
discrepancy include, but are not limited to, those described in our
SEC filings. About Westway Group, Inc. Westway Group, Inc.
("Westway") is a leading provider of bulk liquid storage and
related value-added services and a leading manufacturer and
distributor of liquid animal feed supplements. Westway operates an
extensive global network of 25 operating facilities providing
approximately 350 million gallons of total bulk liquid storage
shell capacity and 37 facilities producing approximately 1.7
million tons of liquid feed supplements annually. Our bulk liquid
storage business is a global business with infrastructure that
includes a network of terminals offering storage to manufacturers
and consumers of agricultural and industrial liquids, located at
key port and terminal locations throughout North America, in
Western Europe and in Asia. Our liquid feed supplements business
produces liquid animal feed supplements that are sold directly to
end users and feed manufacturers, primarily supplying the U.S. and
Canadian beef and dairy livestock industries. Web Site:
http://www.westway.com/
http://www.newscom.com/cgi-bin/prnh/20090529/DA24496LOGO
http://photoarchive.ap.org/ DATASOURCE: Westway Group, Inc.
CONTACT: Thomas A. Masilla, Jr., Chief Financial Officer of Westway
Group, Inc., +1-504-636-4245 Web Site: http://www.westway.com/
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