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BDP Broadview Press

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Share Name Share Symbol Market Type
Broadview Press TSXV:BDP TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Broadview Press Inc.: Loan From Insider; Recent Market Activity

03/11/2009 4:36pm

Marketwired Canada


Broadview Press Inc. ("Broadview") (TSX VENTURE:BDP) announces that the company
has negotiated a loan from Jekam Holdings Ltd. in the amount of $572,000. As
Jekam is controlled by a director and significant shareholder (JoAnn McCaig),
this is an insider transaction, and as such has been approved by the exchange.
The loan shall bear interest at 5%, calculated and compounded annually.


The purpose of the loan from the perspective of Broadview is to provide
Broadview with capital to facilitate options for Broadview to consider taking
itself private by means to be considered and determined by the Board of
Directors of Broadview.


Broadview is not aware of any material developments that would explain the
recent significant increase in the company's share price and trading volumes in
the past two days of market trading. Preliminary results for the past quarter
(and to the end of October) show results somewhat below expectations.


The officer responsible for issuance of this press release and who may be
contacted for further information is Don LePan.


1 Year Broadview Press Chart

1 Year Broadview Press Chart

1 Month Broadview Press Chart

1 Month Broadview Press Chart