News Release
PhosCan Chemical Corp. To Trade On Toronto Stock Exchange
ORIGINAL LISTING
PhosCan Chemical Corp. - An application has been granted for the original listing in the Mining category of 180,756,228 common shares (the “Shares”) of PhosCan Chemical Corp. (the “Company”), of which 171,621,228 are issued and outstanding, and 9,135,000 are reserved for issuance.
The Shares of the Company will be listed and posted for trading at the opening on Thursday, February 5, 2009.
The Company will be subject to the reporting requirements of Section 501 of the TSX Company Manual.
Stock Symbol: “FOS”
CUSIP: 71921E 10 6
Trading Currency: CDN
Temporary Market Maker: Research Capital Corporation
Other Markets: The Shares of the Company have been listed on TSX Venture Exchange since October 2, 2000 and have been trading under the symbol “FOS”. The Shares will be delisted from TSX Venture Exchange on February 5, 2009 upon commencement of trading on TSX.
Head Office Address: 2 Bloor Street West, Suite 2005
Toronto, Ontario
M4W 3E2
Email Address: info@phoscan.ca
Website: www.phoscan.ca
Head Office Telephone Number: (416) 972-9222
Fax Number: (416) 972-0662
Investors Relations: Stephen D. Case
Tel: (416) 972-9222
info@phoscan.ca
James F. Pringle
Tel: (416) 972-9222
info@phoscan.ca
Incorporation: The Company was originally formed upon the amalgamation of Everdeen Resources Ltd. and Hendricks Minerals Canada Limited on March 22, 1994 under the Business Corporation Act (Ontario) under the name Hendricks Minerals Canada Limited. Hendricks Minerals Canada Limited changed its name to MCK Mining Corp. on May 6, 1997. MCK Mining Corp. changed its name to PhosCan Chemical Corp. on July 25, 2006. On October 19, 2006, the Company was continued under the Canada Business Corporations Act.
Fiscal Year End: January 31
Chief Financial Officer: James F. Pringle
Corporate Secretary: Mark F. Wheeler
Nature of Business: The Company owns a 100% interest in approximately 20,600 Acres 70 km NE of Hearst, Ontario covering the Martison Carbonitite complex. A pre-feasibility study has been completed and the Company is working towards completion of the feasibility study with a view to putting into production the mining of the complex together with the plant to create phosphate fertilizer for consumption in the mid-west North American agricultural industry.
Transfer Agent & Registrar: Equity Transfer & Trust Company at its offices in Toronto, Ontario.
Dividends: The Company has not declared any dividends since incorporation and does not anticipate paying dividends in the foreseeable future.
