Fortune Graphite Inc. Voluntarily Delists from the Frankfurt Stock Exchange
29.05.2012 | Marketwire
TORONTO, 05/29/12 - Fortune Graphite Inc. (FRANKFURT: ZTWN) has voluntarily delisted (Effective May 25, 2012) from the Frankfurt Stock Exchange.The Frankfurt Stock Exchange now requires all listed companies to be revenue generating. However, Fortune Graphite is an exploration stage company that does not currently generate any revenues. The company's Board of Directors decided it is in the best interest of the company and its shareholders to voluntarily delist from the Frankfurt Stock Exchange, putting emphasis on continued exploration and development of the company's graphite carbon, gold, silver, and other mineral properties, with the goal of entering production at a future date.
The company will continue to operate and there will be no effect on the shares of the company.
Shareholders of Fortune Graphite Inc. (FRANKFURT: ZTWN) who have any questions are encouraged to contact the company directly.
Safe Harbor
Certain statements above constitute forward-looking statements with respect to Fortune Graphite Inc. and affiliated companies. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the companies to be materially different from any further results, performance or achievements expressed or implied by such forward-looking statements.
Contacts:
Fortune Graphite Inc.
Mr. David Amar, President & CEO
416-367-8240 or Toll Free: 1-866-209-0451
416-367-8334 (FAX)
info@fortunegraphite.com
www.fortunegraphite.com