BRAMPTON, ON, Sept. 21 /CNW/ - Norwall Group Inc. (TSX:NGI) announced
that it issued and sold 648,639 common shares at a price of Cdn$1.23 per share
to insiders pursuant to a non-brokered private placement. The net proceeds of
the offering will be used for general corporate purposes.
Norwall Group manufactures quality residential wallpapers and borders and
distributes them to thousands of home centres, specialty stores and mass
merchants in Canada and through its wholly-owned operating subsidiary, Patton
Wallcoverings, in the United States.
For further information:
For further information: (905) 791-2700; James J. Patton, President and
Chief Executive Officer, email@example.com; Edward Diochon, Vice
President of Finance, firstname.lastname@example.org