Fri Jun 13, 2008 Firestone Ventures Inc. - Trading Halt Requested Pending Shareholder Meeting to Consider Plan of Arrangement
June 13, 2008 - Firestone Ventures Inc. ("Firestone" or the "Company") (FV:TSX-V;F5V:FSE) announces that the Company has requested a temporary trading halt of its shares, effective as of the close of trading on June 16, 2008, noting that June 16, 2008 is the last day for processing trade orders for settlement on or before June 20, 2008.
As previously disclosed, Firestone shareholders of record on June 20, 2008, the Share Distribution Record Date, will participate in the proposed plan of arrangement (the "Arrangement") and be entitled to receive one common share in Northern Tiger Resources Inc. ("Northern Tiger") for every five common shares held in Firestone.
As any shareholder acquiring shares in Firestone after the June 16, 2008 trading halt will not participate in the Arrangement and the distribution of Northern Tiger shares, the Company has requested the halt of trading of its shares until after its shareholders have had the opportunity to consider the Arrangement at the special meeting of shareholders to be held on June 23, 2008 (the "Meeting").
Firestone anticipates that trading of its shares will resume shortly following the Meeting and the closing of the Arrangement and related transactions, at which time the Company will disseminate a further news release.
For additional information, shareholders are referred to Firestone's website at www.firestoneventures.com.
Firestone Ventures Inc. is a well-financed Canadian-based resource exploration and development company with zinc, gold and uranium projects in Western Canada and Central America. The common shares of the Company are currently listed on the TSX Venture Exchange (symbol FV) and the Frankfurt Stock Exchange (symbol F5V).
For further information please contact:
Lori Walton, P. Geol., President
Toll Free: 1-888-221-5588
Fax: (780) 428-3476
For Investor Relations please call:
Contact Financial Inc. at (604) 689-7422.
Investors can also visit www.agoracom.com/IR/Firestone or email questions to .
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
You can view the Next News Releases item: Mon Jun 23, 2008, Firestone Ventures Inc. - Firestone Shareholders Approve Plan of Arrangement
You can view the Previous News Releases item: Mon Jun 2, 2008, Firestone Ventures Intersects 6.63 Metres of 29.41% Zinc, 5.50% Lead at Torlon Hill
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