Canadian Shells

[Tackler]

KAV offer at a buck a share...

Streamline Web name change to Kavalmedia; 1:3 rollback

2005-05-16 16:30 ET - New Listing

Also Change Name, Roll Back Shares (C-WBS) Streamline Web Broadcasting Inc

Pursuant to a special resolution passed by shareholders on Nov. 9, 2004, the company has consolidated its capital on a one-new-for-three-old basis. The name of the company has also been changed as follows.

Effective at the opening, May 17, 2005, the common shares of Kavalmedia Services Ltd. will commence trading on the TSX Venture Exchange, and the common shares of Streamline Web Broadcasting Inc. will be delisted. The company is classified as a broadband media company.

Postconsolidation capitalization: 100 million shares with no par value of which 2,656,515 shares are issued and outstanding

Escrow: Nil shares

Transfer agent: Pacific Corporate Trust Company

Trading symbol: KAV (new)

Cusip No.: 486331 10 1 (new)