TSX Venture Exchange Symbol: ZAO
CALGARY, Sept. 4 /CNW/ - Zaio Corporation (TSX-V ZAO) ("Zaio" or "the
Company") previously announced that the Alberta Securities Commission and the
British Columbia Securities Commission (the "Commissions") have granted full
revocations of the cease trade orders issued by the Commissions against the
Company (the "CTOs").
Based upon the revocation of the CTOs, the TSX Venture Exchange has
reinstated the trading of Zaio's shares. The trading of Zaio's shares will
resume as of the open of market on September 8, 2009.
Zaio develops and maintains a site-verified database of photos,
valuations and property information of virtually every property in entire
cities, using a proprietary "GeoScore" property rating system. Zaio and its
network of premiere, local appraiser experts photograph and appraise entire
cities, one building at a time from the street. Zaio is a public Company that
trades under the symbol "ZAO" on the TSX Venture Exchange in Canada. Zaio
shares are also available in the U.S. under the trading symbol "ZAOFF". For
more company information, visit www.zaio.com.
This news release contains forward-looking statements which may include
financial and business prospects, as well as statements regarding the
Company's future plans, objectives or economic performance and financial
outlooks. Such statements are subject to risk factors associated with the real
estate industry, and the overall economy in both Canada and the United States.
The Company believes that the expectations reflected in this news release are
reasonable but actual results may be affected by a variety of variables and
may be materially different from the results or events predicted in the
forward-looking statements. Readers are therefore cautioned not to place undue
reliance on these forward-looking statements.
In evaluating forward-looking statements readers should consider the risk
factors which could cause actual results or events to differ materially from
those indicated by such forward-looking statements. These forward-looking
statements are made as of the date hereof, and unless otherwise required by
applicable securities laws, the Company does not intend nor does it undertake
any obligation to update or revise any forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
For further information:
For further information: Bradley Stinson, CEO, (877) 318-0537; Rodney
Mitton, CFO, (877) 318-0537