TSX Venture Exchange: TOM
TORONTO, Aug. 24 /CNW/ - T S Telecom Ltd. (the "Company") is pleased to
announce that its shareholders approved the sale of the Company's 168,960,000
common shares of T S Telecom Technologies Limited to Gold City Assets Holdings
Ltd ("Gold City") by special resolution at its Special Meeting of Shareholders
held on August 23, 2007. Over two thirds of the votes, either in person or by
proxy, were cast in favour of the resolution.
The Sale Transaction is reviewable by TSX Venture Exchange. The closing
of the Sale Transaction contemplated will take place in Hong Kong on or before
August 28, 2007 or such other date as the Company and Gold City may agree in
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: Cindy Lau, Director of T S Telecom Ltd., at