Grey Horse || Press Releases

2004 News Releases

AFL Capital Ventures Inc. Announces A Proposed Change Of Name To Grey Horse Capital Corporation
December 24 , 2004

TORONTO, ONTARIO--(CCNMatthews - Dec. 24, 2004) - AFL Capital Ventures Inc. ("AFL") (TSX VENTURE:AFL) is pleased to announce it has received the requisite shareholder approvals to change its name to Grey Horse Capital Corporation and to continue the corporation under the jurisdiction of the Canada Business Corporations Act (the "CBCA"). The name change and continuance under the CBCA will allow AFL to combine its registered office with its place of business in Toronto , Ontario .

AFL Capital Ventures Inc. Announces Changes to its Capital Pool Company 'CPC' Escrow Agreement
December 22 , 2004

TORONTO , ONTARIO --(CCNMatthews - Dec. 22, 2004) - AFL Capital VenturesInc. (TSX VENTURE:AFL)("AFL") announces that, as a result of its being listed as a TSX Venture Tier 1 Company on December 3, 2004, it is taking action to amend the terms of its CPC escrow agreement dated December 16, 2003 (the "Escrow Agreement"). All of the 666,666 common shares of AFL issued prior to AFL's initial public offering ("IPO") and all common shares acquired by non-arm's length parties of AFL pursuant to the IPO are escrowed pursuant to the Escrow Agreement.

AFL Announces Financial Results for Equity Transfer Services
December 10 , 2004

Toronto, Ontario, December 10, 2004 – AFL Capital Ventures Inc. (" AFL ") (AFL: TSX-V) is pleased to announce financial results for its wholly owned subsidiary, Equity Transfer Services Inc. (“ ETS ”), for the nine-month period ending October 31, 2004. This release is meant to supplement the information contained in the filing statement AFL filed on November 23, 2004 (the “ Filing Statement ”), as part of its qualifying transaction, which was completed on December 3, 2004.

AFL Capital Ventures Inc. Announces A Pre-Opening Trade To Meet Minimum Distribution Requirements
December 6, 2004

TORONTO, ONTARIO--(CCNMatthews - Dec. 6, 2004) - In order to satisfy a condition set by the TSX Venture Exchange in the process leading to approval of its Qualifying Transaction, AFL Capital Ventures Inc.(TSX VENTURE:AFL) ("AFL") is announcing that a pre-opening trade will occur today through the TSX Trading Services.

AFL Capital Ventures Inc. Announces the Completion of a Qualifying Transaction with Equity Transfer Services Inc.
December 3, 2004

TORONTO, ONTARIO--(CCNMatthews - Dec. 3, 2004) - AFL Capital Ventures Inc. (TSX VENTURE:AFL.p)("AFL") is pleased to announce it has completed its qualifying transaction ("Qualifying Transaction") through the purchase of all of the issued and outstanding shares of JAR Capital Inc. ("JAR") and 1069316 Ontario Limited ("Ontario Limited") pursuant to a share purchase agreement dated October 19, 2004 (the "Acquisition Agreement").

AFL Capital Ventures Inc. Announces The Completion Of A Filing Statement Regarding A Business Combination With Equity Transfer Services Inc.
November 23, 2004

TORONTO, ONTARIO--(CCNMatthews - Nov. 23, 2004) - AFL Capital Ventures Inc. (TSX VENTURE:AFL) ("AFL") is pleased to announce that it has filed its capital pool company ("CPC") Filing Statement respecting its previously announced business combination with Equity Transfer Services Inc. dated November 23, 2004 with the TSX Venture Exchange, applicable securities commissions in Ontario, Alberta and British Columbia, and on SEDAR.

AFL Capital Ventures Inc. Announces the Signature of an Agreement in Principle with the Shareholders of Equity Transfer Services Inc.
May 27, 2004

Toronto (Ontario), May 27, 2004 - AFL Capital Ventures Inc. (“AFL”) (TSX Venture Exchange: AFL.P) is pleased to announce the signature, on May 19, 2004, of an agreement in principle (the “Agreement in Principle”) with the shareholders of Equity Transfer Services Inc. (“Equity Transfer”) pursuant to which AFL will purchase all of the issued and outstanding equity securities of Equity Transfer (the “Securities”).

AFL Capital Ventures Inc. announces the closing of its initial public offering in Ontario, Alberta and British Columbia
April 13, 2004

TORONTO, April 13 /CNW/ - AFL Capital Ventures Inc. (“TSX - AFL.P”) is pleased to announce the successful completion on April 8, 2004 of its initial public offering of 1,333,334 common shares at a price of $0.30 per share to investors in Ontario, Alberta and British Columbia. Canaccord Capital Corporation acted as agent for AFL and Perley-Robertson, Hill & McDougall LLP acted as legal counsel to AFL.