IXC.U to pay out dividend ! !
Industrialex Manufacturing Corp. Announces its First Ever Dividend Payout to its Shareholders - CCN Matthews
February 1, 2008 - 9:31 AM EST
ARVADA, COLORADO--(Marketwire - Feb. 1, 2008) - Industrialex Manufacturing Corp. (TSX VENTURE:IXC.U) today announced that its Board of Directors has approved a dividend payout equivalent to $0.003 per share. Dividends will be paid on April 11, 2008 to all shareholders of record as of March 14, 2008.The payouts will be facilitated through the Company's transfer agent, Computershare Investor Services, Inc. of Vancouver, B.C.
In making the announcement, Mr. Ahmad Akrami, the Company's Chairman and CEO stated: "At the January 29, 2008 meeting of the board, our Board of Directors carefully reviewed our operations, our factory, our financial results for 2007 and our opportunities for 2008, our prestigious customer base and our team's accomplishments and plans for the future and decided to reward the company's shareholders with its first ever dividend payout. On behalf of the Industrialex Manufacturing Corp. I am extremely proud to have the honor of making this historic announcement."
Further, the Company announced that since filing a Normal Course Issuer Bid in August of 2006 the Company has purchased 912,000 shares of its common stock.
Headquartered in Arvada, Colorado, Industrialex is a leading provider of industrial coating services to a broad range of manufacturers. The Company operates plants in Arvada and Colorado Springs, Colorado.
On behalf of the Board of Industrialex Manufacturing Corp.
Ahmad Akrami, Chairman & CEO
The statements made in this press release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from Industrialex's expectations and projections.
FOR FURTHER INFORMATION PLEASE CONTACT:
Industrialex Manufacturing Corp.
Paul Napoli
Corporate Controller
(303) 456-6847
Email: pnapoli@industrialex.com
Website: www.industrialex.com
---'When you control what will be seen, you will be seen for what you truly are'---
ibreken
AI
