EDMONTON, June 16, 2011 /CNW/ - Raydan Manufacturing Inc (the Company) (TSXV:RDN) announced that the Company has entered into a
non-binding Letter of Intent in respect of a potential transaction.
Further details will be press released upon completion of a definitive
About Raydan Manufacturing
Raydan Manufacturing Inc, based in Edmonton, Alberta, develops and
produces specialized suspension and coupling systems for trucks,
trailers and heavy equipment, as well as operates a chassis
modification centre. Established in 1992, Raydan exports its
innovative, high-quality products to end-users and original equipment
manufacturers (OEMs) in the heavy-duty truck, crane, fire/rescue and
other severe use sectors around the world.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
This news release contains forward-looking statements that involve risks
and uncertainties, which may cause actual results to differ materially
from the statements made. Potentially, many factors could cause our
actual results to vary materially from those described herein as
intended, planned, anticipated or expected. Raydan Manufacturing Inc
does not intend and does not assume any obligation to update these
SOURCE Raydan Manufacturing Inc.
For further information:
Raydan Manufacturing Inc
Office Manager/Investor Relations
780 955 2859
888 472 9326