News
Maple Leaf Reforestation Provides IR Details
2009-02-17 14:58 ETMr. Raymond Lai reports:
DETAILS OF IR SERVICES ARRANGEMENT
Maple Leaf Reforestation Inc. has provided further details with respect to its engagement of Don Farrell as manager of investor relations:
- Mr. Farrell has been engaged as a consultant for a six-month period commencing Feb. 1, 2009, and ending July 31, 2009.
- Mr. Farrell will receive monthly compensation of $5,000 and will receive 300,000 options to purchase common shares of the company should he fulfill the full six-month term of the agreement.
- Mr. Farrell will be responsible for providing the company with the following services:
- Advising the company with respect to and overseeing the preparation of informational materials with respect to the company and its projects for dissemination to existing and potential shareholders;
- Representing the company to, and communicating with, existing and potential retail and institutional shareholders and investors, and providing information and materials with respect to the company and its activities and properties to such existing and potential shareholders and investors;
- Increasing the public's awareness of the company and its activities;
- Assisting in obtaining, developing and maintaining contacts with other persons or companies who might assist in developing and meeting the business objectives of the company;
- Implementing and co-ordinating dissemination programs to put information with respect to the company and its activities and programs into the hands of existing and potential shareholders and investors;
- Preparing presentations with respect to the company and its activities and properties for use by company personnel at investor conferences, trade shows and similar venues;
- Providing such other investor relations services as may be requested by the company from time to time and as are reasonably within the expertise and experience of the consultant.
About Maple Leaf Reforestation Inc.
Maple Leaf is a Canadian company operating a large-scale forest nursery whose primary focus is growing value- added tree seedlings and alfalfa feedstock alongside landscaping and nursery products in China. In addition, the multi-faceted Xinjiang Yellowhorn tree project will provide for the manufacture of biodiesel fuel. Reforestation has been identified as a critical strategy to help manage China’s troubling environmental issues, namely pollution and desertification. Maple Leaf currently has over 6 million varieties of seedlings under cultivation at its nursery facility that includes a 110,000-square foot greenhouse located in Liang Cheng, Inner Mongolia, China.
Maple Leaf is a wholly-owned foreign enterprise ("WOFE"), which allows Maple Leaf to control 100% of the direction and operations of the company in China while permitting the cash generated from operations in China to flow back to Canada.
For further information regarding Maple Leaf Reforestation Inc., visit www.mlreforestation.com or contact:
Maple Leaf Reforestation Inc.
Raymond Lai, Chairman, President & CEO
Tel: +1 (403) 668-7560 Fax: +1 (403) 250-2534
E-mail: rlai@mlreforestation.com
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Certain statements in this news release including (i) statements that may contain words such as "anticipate", "could", "expect", "seek", "may” "intend", "will", "believe", "should", "project", "forecast", "plan" and similar expressions, including the negatives thereof, (ii) statements that are based on current expectations and estimates about the markets in which Maple Leaf operates and (iii) statements of belief, intentions and expectations about developments, results and events that will or may occur in the future, constitute "forward-looking statements" and are based on certain assumptions and analysis made by Maple Leaf. Forward-looking statements in this news release include, but are not limited to, statements with respect to future capital expenditures, including the amount, nature and timing thereof; other development trends within the China's seedling industry; business strategy; expansion and growth of Maple Leaf's business and operations and other such matters. Such forward-looking statements are subject to important risks and uncertainties, which are difficult to predict and that may affect Maple Leaf's operations, including, but are not limited to: the impact of general economic conditions; industry conditions; government and regulatory developments; seedling product supply and demand; competition; and Maple Leaf's ability to attract and retain qualified personnel. Maple Leaf's actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do transpire or occur, what benefits Maple Leaf will derive there from. Subject to applicable law, Maple Leaf disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
All forward-looking statements contained in this document are expressly qualified by this cautionary statement. Further information about the factors affecting forward-looking statements is available in other disclosure documents of Maple Leaf which have been filed with Canadian provincial securities commissions and are available on www.sedar.com.