TTZ Total Telcom Inc

KELOWNA, BC and EDMONTON, Nov. 5 /CNW/ -- KELOWNA, BC and EDMONTON, Nov. 5 /CNW/ - TOTAL TELCOM INC. (TSX Venture: TTZ) is pleased to announce today that it will be issuing a return of capital equal to $.08 per share. The record date has been set for November 5, 2010 with a payment date of November 19, 2010. No tax forms will be issued. CEO Neil Magrath stated, "Management has been negotiating with a number of potential mergers and acquisitions, in each situation it was expected that we would discount our cash position to reflect what the stock was trading at. This return of capital to the shareholders is part of a strategic reorganization to further maximize shareholder value." Trading symbol:  TTZ: TSX Venture "The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release." pcontact the Corporation at 877-860-3762 (Ext 807)/p

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