ST ALBERT, AB, Feb. 5 /CNW/ - Roadking Travel Centres Inc. ("Roadking" or
the "Company") is pleased to announce that it has closed the repurchase and
cancellation of 2,859,847 common shares. The transaction was completed
pursuant to the dissent and appraisal remedies under the Business Corporations
Act (Alberta). After the repurchase, there are now 45,869,098 common shares
issued and outstanding in the share capital of Roadking.
The selling shareholders triggered their dissent and appraisal remedies
in relation to the motion to sell Roadking's Calgary Travel Centre, which such
motion was approved by special resolution on December 18, 2007. The aggregate
repurchase price totaled $400,378.58, reflecting a per share price of
"The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release"
For further information:
For further information: Mr. Greg Spicer, Interim President and CEO,
Roadking Travel Centres Inc., Telephone: (780) 458-4966, Facsimile: (780)
419-6765, e-mail: email@example.com, Website: www.roadking.ca