CNSX - New Listing - Blue Zen Memorial Parks Inc. (BZM)
TORONTO, Jan. 5 /CNW/ - The common shares of Blue Zen Memorial Parks Inc. have been approved for listing on CNSX. The Company has approximately 59 million common shares outstanding with a public float of approximately 14 million shares.
Blue Zen will specialize in investment, development, and asset management of Memorial Parks in China. Memorial Parks are culture parks in scenic areas that feature Family Memorial Halls that are custom built for individual buyers. Family Memorial Halls serve as a kind of family museum, a place where the works and accomplishments of past generations of a family are displayed and remembered. The concept of Memorial Halls is not new in Chinese culture and they are an important component of the Chinese culture of venerating one's elders and paying tribute to their sacrifice and accomplishment as a way to ensure one's own success in life. Traditionally, such Memorial Halls, or "Ci Tang", were built at the back of a family home; however the tradition was lost during the Cultural Revolution.
Listing and disclosure documents for Blue Zen will be available in the CNSX Listings Disclosure Hall
Trading Date: Thursday, January 6, 2011
ISIN: CA 09608A1049
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