Peace Arch Entertainment Group Inc. - Share reclassification effective
March 15 2004 - 8:47AM
PR Newswire (US)
Peace Arch Entertainment Group Inc. - Share reclassification
effective TORONTO, March 15 /PRNewswire-FirstCall/ -- Peace Arch
Entertainment Group Inc. (AMEX: "PAE"; TSX: "PAE.A", "PAE.B") is
pleased to announce the commencement of trading of its newcommon
shares at the opening of market on March 16, 2004. The common
shares are the result of the Company's recently approved share
capital restructuring, by which all of the Company's Class A
Multiple Voting Shares and Class B Subordinate Voting Shares are
combined into one class of common shares having one vote each. The
symbol for the Company's common shares on the Toronto Stock
Exchange is "PAE". The previous symbols for the Company's Class A
Multiple Voting Shares ("PAE.A") and Class B Subordinate Voting
Shares ("PAE.B") on the Toronto Stock Exchange are no longer
applicable and will no longer be used. The symbol for the Company's
common shares on the American Stock Exchange remains "PAE". Peace
Arch Entertainment Group Inc., one of Canada's foremost
entertainment companies, creates, develops, produces and
distributes proprietary feature film and television programming for
worldwide markets. Peace Arch Entertainment Group Inc. has offices
in Vancouver, Toronto and London, England. This press release
includes statements that may constitute forward-looking statements,
usually containing the words "believe", "estimate", "project",
"expect", or similar expressions. These statements are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements
inherently involve risks and uncertainties that could cause actual
results to differ materially from the forward-looking statements.
Factors that would cause or contribute to such differences include,
but are not limited to, continued acceptance of the Company's
products and services in the marketplace, competitive factors,
dependence upon third-party vendors, availability of capital and
other risks detailed in the Company's periodic report filings with
the Securities and Exchange Commission. By making these
forward-looking statements, the Company undertakes no obligation to
update these statements for revisions or changes after the date of
this release. For media inquires, please contact: Nicole Spracklin
Peace Arch Entertainment Group Inc. Tel: (416) 487-0377 (ext. 237)
Email: DATASOURCE: Peace Arch Entertainment Group Inc. CONTACT: For
media inquires, please contact: Nicole Spracklin, Peace Arch
Entertainment Group Inc., Tel: (416) 487-0377 (ext. 237), Email:
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