/NOT FOR DISSEMINATION IN THE UNITED STATES OR OVER UNITED STATES WIRE
CALGARY, Nov. 7 /CNW/ - EarthFirst Canada Inc. ("EarthFirst"), announces
that it has filed a preliminary prospectus with securities regulatory
authorities in all provinces of Canada for an offering of Units consisting of
common shares and one-half a common share purchase warrant and "flow-through
common shares", within the meaning of the Tax Act. EarthFirst expects the
flow-through common shares to receive tax deductions equal to 100% of the
amount invested for the 2007 taxation year. An electronic copy of the
prospectus may be obtained via www.sedar.com.
The offering is being made through a syndicate of investment dealers
co-led by GMP Securities LP and Scotia Capital Inc. and includes National Bank
Financial Inc., TD Securities Inc., Canaccord Capital Corporation, HSBC
Securities (Canada) Inc., Orion Securities Inc. and Fraser Mackenzie Limited.
EarthFirst is a leading developer of renewable wind energy in Canada.
The securities offered have not been and will not be registered under the
United States Securities Act of 1933, as amended, and may not be offered or
sold within the United States or to, or for the account or benefit of, U.S.
persons absent registration or applicable exemption from the registration
requirements. This press release does not constitute an offer of the
securities in the United States or in any jurisdiction where such offer is
This announcement is not for release, publication or distribution, in
whole or in part (i) in or into the United States, the United Kingdom,
Australia, Japan, the Republic of Ireland, Germany, Switzerland, South Africa
or any other jurisdiction in or into which such release, publication or
distribution would be unlawful; or (ii) to any national, resident or citizen
of such jurisdictions.
A prospectus relating to these securities has been filed with securities
commissions or similar authorities in each of the provinces of Canada and is
available at www.sedar.com. This news release shall not constitute an offer to
sell or the solicitation of an offer to buy, nor shall there be any sale or
any acceptance of an offer to buy these securities in any province of Canada
prior to the time a receipt for the final prospectus or other authorization is
obtained from the securities commission or similar authority in such province.
For further information:
For further information: Grant Bunker, Director, Investor Relations,
EarthFirst Canada Inc., Tel: (416) 628-2164, Toll Free: 1-866-622-4715,
E-mail: firstname.lastname@example.org; Derren Newell, VP, Finance and Chief
Financial Officer, EarthFirst Canada Inc., Tel: (403) 513-0766, Toll Free:
1-877-513-0777, E-Mail: email@example.com,