Norwall Group Inc. Remedial Review

    BRAMPTON, ON, Sept. 12 /CNW/ - On September 10, 2007, the Toronto Stock
Exchange (TSX) issued a TSX Bulletin which reported that the TSX is reviewing
the common shares of the Company with respect to their meeting the TSX's
continued listing requirements and that the Company has been granted 120 days,
or until January 8, 2008 in which to regain compliance with these
requirements, pursuant to the Remedial Review Process.
    The TSX has advised the Company that the reason for this review is that
the Market Value (as defined by the TSX) of the Company's freely-tradable,
publicly held securities was less than $2,000,000 for 30 consecutive trading
days which is a continued listing requirement under section 712(b) of the TSX
Company Manual.
    The Company is currently pursuing options in an effort to meet the
requirement under s.712(b). If the Market Value of the publicly held
securities does not increase sufficiently to meet the continued listing
requirements on the TSX, the Company would endeavour to seek a listing of its
common shares on another exchange.

    %SEDAR: 00002584E

For further information:

For further information: (905) 791-2700, James J. Patton, President and
Chief Executive Officer,; Edward Diochon, Vice
President of Finance,

Organization Profile


More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890