VANCOUVER, BC, Jan. 11, 2021 /CNW/ - Itasca Capital Ltd. (TSXV:
ICL) ("Itasca" or the "Company") is pleased to
announce that, further to its news release dated September 17, 2020, the Company has changed its
name to "GreenFirst Forest Products Inc." Effective at the opening
of trading on January 13, 2021, the
common shares of the Company will trade on the TSX Venture Exchange
under the new name and under the new trading symbol of "GFP". There
is no consolidation of capital associated with the name change.
"The new name better reflects our current strategy and focus
following the acquisition of the Kenora sawmill by 1347 Investors LLC and as we
pursue new pure-play lumber investments" said Larry Swets, Chief Executive Officer of
GreenFirst. "We encourage those interested in learning more about
our new strategy to visit our new website
at www.gffp.ca for further details."
No action is required from shareholders in connection with the
name change. Share certificates representing common shares of the
Company will not be affected by the name change and will not need
to be exchanged. The Company encourages shareholders to contact
their broker or agent with any questions regarding the proposed
name change. The new CUSIP for the Company's common shares is
39526A100.
Forward Looking Information
Certain information in this news release constitutes
forward-looking statements under applicable securities laws. Any
statements that are contained in this news release that are not
statements of historical fact are forward-looking statements.
Forward looking statements are often identified by terms such as
"may", "should", "anticipate", "expect", "potential", "believe",
"intend", "estimate" or the negative of these terms and similar
expressions.
Forward-looking statements in this news release include, but are
not limited to, statements regarding the timing for the effective
date of the name change. Forward-looking statements are based on
certain assumptions and, while the Company considers these
assumptions to be reasonable, based on information currently
available, they may prove to be incorrect. In addition,
forward-looking statements necessarily involve known and unknown
risks, including those set out in the Company's public disclosure
record filed under the Company's profile on www.sedar.com. Readers
are further cautioned not to place undue reliance on
forward-looking statements as there can be no assurance that the
plans, intentions or expectations upon which they are placed will
occur. Such information, although considered reasonable by
management at the time of preparation, may prove to be incorrect
and actual results may differ materially from those anticipated.
Forward-looking statements contained in this news release are
expressly qualified by this cautionary statement and reflect our
expectations as of the date hereof, and thus are subject to change
thereafter. The Company disclaims any intention or obligation to
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as
required by law.
Neither TSXV nor its Regulation Services Provider (as that term
is defined in policies of the TSXV) accepts responsibility for the
adequacy or accuracy of this news release.
SOURCE Itasca Capital Ltd.
