CNQ Bulletin - CDG Investments Inc. (CDGI) - Approval of Fundamental Change



    TORONTO, July 28 /CNW/ - Pursuant to a fundamental change review, the
common shares of CDG Investments Inc. ("CDGI") have re-qualified for listing.
CDG and Preo Software Inc. have completed the previously announced plan of
arrangement, and the shares will resume trading on Tuesday, July 29, 2008
under the new name of Preo Software Inc.
    Under the terms of the Arrangement, each shareholder of CDG (subject to a
small shareholder buy-back) will receive one (1) new share of Amalco for each
share of CDG currently held after giving effect to a four for one (4:1)
consolidation of the CDG common shares that was approved by the CDG
shareholders on July 23, 2008 (the "CDG Consolidation"). Each shareholder of
Preo will receive two (2) new shares of Amalco for each share of Preo
currently held. The Arrangement has resulted in the conversion into common
shares of all outstanding convertible debentures and preferred shares of Preo
prior to giving effect to the merger.
    With the merger now completed, CDG shareholders hold an aggregate of
approximately 10,239,965 Amalco shares representing 27.3% of the Amalco shares
and Preo shareholders hold an aggregate of approximately 27,338,141 Amalco
shares representing 72.7% of the Amalco shares. The final number of Amalco
shares issued to the former CDG shareholders will be subject to the small
shareholder buy-back and fractional rounding. All Preo options now represent
options of Amalco on the same basis as the Preo shares were treated under the
Arrangement.
    Preo will continue to trade under the symbol CDGI. All open orders on
CDGI will be purged from the book at the close of business today. Dealers are
reminded to verify orders prior to entry, taking into consideration the effect
of the consolidation.
    Disclosure documents and press releases, including a Listing Statement
that describes the transaction can be found in the CNQ Listings Disclosure
Hall (http://www.cnq.ca/Page.asp?PageID=2013&AA_RecordID=83).

    Trading Date: Tuesday, July 29, 2008
    Symbol: CDGI
    CUSIP: 740712 10 4
    ISIN: CA740712 10 4 4





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