FreshXtend Holder Ludgate Increases Holdings to 10.18%
19 Juni 2008 - 3:16AM
Marketwired
VANCOUVER, BRITISH COLUMBIA ("FreshXtend" or "the Company")
announces that on June 16, 2008, Ludgate 181 (Jersey) Limited
("Ludgate 181") acquired 2,051,000 Common shares of FreshXtend
Technologies Corp., representing approximately 5.34% of the issued
and outstanding Common shares. The shares were purchased through a
private transaction at a purchase price of Cdn. $0.04 per
share.
As a result of the acquisition, Ludgate 181 will hold 3,912,761
Common shares of the Company representing 10.18% of the 38,435,258
issued and outstanding shares of the Company.
FreshXtend Technologies Corp.,
Roy Robinson, Director & Corporate Secretary
FreshXtend Technologies Corp. is a leading provider of life
extension technology to the high-growth fresh produce and flower
industry. FreshXtend's patented technologies naturally place
produce in a state of hibernation while it is being shipped and
extend the shelf-life of fresh produce, flowers and juices.
FreshXtend is based in Vancouver, British Columbia and has a
network of R&D relationships, which include the University of
British Columbia.
Trading symbol: FXT (TSX-V)
Manual Listing S & P's Industrial & Int'l, 12g (3)b
Exemption: #82-2190
The statements in this news release may contain certain
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Exchange Act of 1934
and are subject to the safe harbour created by these sections.
Actual results may differ materially from the Company's
expectations.
The TSX Venture Exchange has neither approved nor disapproved
the contents of this news release.
Contacts: FreshXtend Technologies Corp. Roy Robinson Director
& Corporate Secretary (604) 322-0759 (604) 322-0487 (FAX)
Website: www.freshxtend.com
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