OccuLogix Announces Stockholder Approval of Proposals
30 Septiembre 2008 - 4:40PM
Marketwired
OccuLogix, Inc. (NASDAQ: OCCX)(TSX: OC) announced that, at its
Annual and Special Meeting of Stockholders held today, the
stockholders of the Company approved all of the proposals described
in the proxy statement for the meeting dated August 29, 2008.
OccuLogix currently anticipates the closing of the transactions
contemplated by the proposals to occur on or about October 3, 2008,
with the proposed reverse stock split of the issued and outstanding
shares of the Company's common stock to occur on the business day
immediately following the date of closing. The Company's board of
directors has set the reverse stock split ratio at 1:25.
About OccuLogix, Inc.
OccuLogix (www.occulogix.com) is a healthcare company focused on
ophthalmic devices for the diagnosis and treatment of age-related
eye diseases.
Forward-Looking Statements
This press release may contain forward-looking statements. These
statements relate to future events and are subject to risks,
uncertainties and assumptions about the Company. These statements
are only predictions based on our current expectations and
projections about future events. You should not place undue
reliance on these statements. Actual events or results may differ
materially. Many factors may cause our actual results to differ
materially from any forward-looking statement, including the
factors detailed in our filings with the Securities and Exchange
Commission and Canadian securities regulatory authorities,
including but not limited to our Forms 10-K and 10-Q. We do not
undertake to update any forward-looking statements.
Contacts: OccuLogix, Inc. Suh Kim (905) 602-0887, ext. 3915
Email: suh.kim@occulogix.com Website: www.occulogix.com
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