FREEPORT, Bahamas, June 7 /CNW/ - Oceanic Greystone Securities Inc.
announces that on June 7, 2007 it acquired sole ownership (and control) of
5,600,000 common shares (representing 125% of the issued and outstanding
common shares) of General Properties Ltd. (the "Issuer") pursuant to a private
Prior to this acquisition, Oceanic Greystone Securities Inc. owned
4,000,000 common shares of the Issuer representing 8.9% of the issued and
outstanding common shares of the Issuer.
Oceanic Greystone Securities Inc. acquired the aforesaid 5,600,000 common
shares of the Issuer for investment purposes only and has no present intention
to increase its ownership of or control over additional securities of the
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this news release.
For further information:
For further information: Richard W. DeVries, at: Telephone: (718) 874
8319, E-mail: firstname.lastname@example.org