Maple Leaf Reforestation seeks Frankfurt listing
2007-12-19 20:17 ET - News Release
Mr. Raymond Lai reports
ENGAGEMENT AGREEMENT
Maple Leaf Reforestation Inc. has entered into an engagement agreement with EmBay Capital Banquo Ltd. EmBay has been retained to assist with Maple Leaf accessing the European capital markets and to act as the principal facilitator in connection with applying for a cross-border dual listing on the Frankfurt Stock Exchange (FWB). As principal facilitator, EmBay will provide the following services:
-Locate a designated sponsor for the FWB listing application;
-Advise on proper share structure;
-Select a market-maker, trading platform and brokerage firm to facilitate trading activities;
-Liaise and work with legal and other professionals during the regulatory application process;
-Assist with setting up overseas trading accounts;
-If separately contracted for, assist with corporate financing and investor relations activities.
Maple Leaf's president and chief executive officer, Raymond Lai, is extremely enthused about Maple Leaf having an opportunity to enter the European market. In particular, Mr. Lai believes that the German market will fit well with Maple Leaf's Xinjiang project, given the country's high levels of consumption and production of biodiesel. Mr. Lai is very pleased that this agreement has been finalized prior to his departure for China on Dec. 21, 2007, where he plans to execute the Xinjiang project contract and attend the press conference announcing the creation of the Maple Leaf Anti-Desertification Foundation Fund.
We seek Safe Harbor.
AI
