TORONTO, Nov. 30 /CNW/ - Orior Technologies Inc. ("Orior"), a Capital
Pool Company, is pleased to provide an update regarding its proposed
acquisition (the "Acquisition") of all of the issued and outstanding shares of
AIM Health Group Ltd. ("AIM"), which Acquisition will constitute the
qualifying transaction of Orior.
Orior has signed an agreement with the majority shareholders of AIM
pursuant to which the AIM shareholders will use their commercially best
efforts to, and cause AIM to, ensure that the filing statement for the
Acquisition can be filed with the TSX Venture Exchange for review by no later
than December 21, 2007. Such parties have also agreed to establish
February 15, 2008 as the closing date for the Acquisition, subject to
satisfaction or waiver of all conditions of closing. There can, however, be
no assurance that the Acquisition will be completed as intended or at all.
The TSX Venture Exchange Inc. has in no way passed upon the merits of the
proposed transaction and has neither approved nor disapproved the
contents of this press release.
For further information:
For further information: Orior Technologies Inc.: KC Lim, Chairman, or
Sanjay Dhawan, CEO, (416) 360-4360