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CBNK Capital Bancorp Inc

20.50
0.36 (1.79%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Capital Bancorp Inc NASDAQ:CBNK NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.36 1.79% 20.50 18.02 21.00 20.75 20.18 20.25 107,294 21:25:00

Custom Branded Networks Inc. Announces a Special Meeting of Its Shareholders

01/12/2004 4:00pm

PR Newswire (US)


Capital Bancorp (NASDAQ:CBNK)
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From Jun 2019 to Jun 2024

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Custom Branded Networks Inc. Announces a Special Meeting of Its Shareholders NEW YORK, Dec. 1 /PRNewswire-FirstCall/ -- Custom Branded Networks, Inc. (OTC:CBNK) (BULLETIN BOARD: CBNK) announced today that its board of directors has called a special meeting of its shareholders to change the name of the corporation to Novastar Resources Ltd. which will better reflect the direction upon which the corporation has now embarked. The company also plans to increase the authorized capital stock of the corporation. The increase in authorized capital will allow management to search out projects and/or assets in the energy and resource sector which the corporation can acquire by issuing equity capital. The corporation is actively seeking potential acquisition targets at this time. Upon approval of an increase in equity capital, the corporation will also be able to pay a previously announced stock dividend. We plan for all proper notices to be given so the meeting can be held prior to year's end. Proxy materials to be distributed to the shareholders of the corporation in connection with the meeting have been submitted to and are being reviewed by the United States Securities and Exchange Commission. Upon completion of the Commission's review of the proxy materials, the date of the meeting will be set and the proxy materials, including a notice of the meeting, will be mailed to all shareholders. The statements contained in this press release contain certain forward-looking statements, including statements regarding the company's expectations, intentions, strategies and beliefs regarding the future. All statements contained herein are based upon information available to the company's management as of the date hereof, and actual results may vary based upon future events, both within and without the control of the company's management. On Behalf of the Board Paul G. Carter 604 904 6946 DATASOURCE: Custom Branded Networks, Inc. CONTACT: Paul G. Carter of Custom Branded Networks, Inc., +1-604-904-6946

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