RNS Number : 3361N
Spearhead Limited Inc.
13 February 2009
SPEARHEAD LIMITED INC (the 'COMPANY')
UPGRADES TO TIER 4 LISTING ON OVER THE COUNTER MARKET IN THE UNITED STATES ('OTC')
The Company is pleased to announce that it has filed an Admission Application to upgrade to a Tier 4 listing on the over -the-counter market ('OTC') operated by Pink OTC Markets Inc. in the United States. The Company is already quoted on Tier 2 on the OTC under the symbol 'SPHE'.
As previously announced on 20 January 2009, following the Company's strategic review and after careful deliberation, the Board believes it is in the best interests of both the Company and its shareholders to upgrade to Tier 4 listing as an appropriate alternate trading platform.
As previously announced, the Company's shares cease trading on AIM from 7.00 a.m. on Monday 16 February 2009 and the admission to trading on AIM will be cancelled from 7.00 a.m. on Tuesday 17 March.
Shareholders can trade their shares through their brokers and get more information regarding the Company by going to www.pinksheets.com and entering the symbol 'SPHE.'
Enquiries:
|
Spearhead Ltd. Inc.
|
|
|
Joseph P. Galda
|
+1 716 903 0334
|
|
General Counsel
|
|
|
|
|
|
Nominated Adviser
|
|
|
Ambrian Partners Limited
|
+44 20 7634 4700
|
|
David Nabarro
|
|
-ENDS-
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCILFIDFIIVLIA