GRIT International Inc.
GRIT International Inc.: GRIT INTERNATIONAL ANNOUNCES ACCUMULATED EUR 10 MILLION EQUITY FINANCING AND COMMENCES REGULAR INVESTOR CONFERENCE CALLS STARTING WEDNESDAY NOVEMBER 3RD, 2010
GRIT International Inc. / Key word(s): Corporate Action/Statement 29.10.2010 16:09 --------------------------------------------------------------------------- GRANDE PRAIRIE, AB, Friday, October 29th, 2010: GRIT International Inc., 'GRIT' (FRANKFURT: 3GR1) is pleased to announce that it has an accumulated total of EUR 10 million financing in the form of equity lines. The funding will be used to assist with the purchase of certain assets and working capital. GRIT will continue to work toward its aggressive expansion plans with this round of financing contracted. Furthermore, due to an increasing international shareholder base, and in particular, investor interest from Germany and other parts of Europe, GRIT is now launching regular international pre-announced investor conference calls. The investor conference calls will commence Wednesday, November 3th 2010, 5:00 pm (Central European time). Grit's management will be available by telephone conference to discuss ongoing corporate developments, which will include upcoming events and the general outlook for the immediate future. For access, the following numbers are available: Germany 069 40359 800 access code 279913# Canada 514 315 7879 access code 279913# United States 215 599 1757 access code 279913# GRIT INTERNATIONAL INC. GRIT International is a Canadian based company, registered in the State of Nevada; its goal is to become the leader of paint and coatings products in North America. GRIT is already a specialized service provider of composite abrasives, blasting, paintings and coatings. It is developing additional interests and assets in minerals, oil and gas, utilities and engineering. Safe Harbour Statement; under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. Contact: GRIT International Inc., Investor Relations. Website: www.gritintl.com; E-mail: grit-admin@gritintl.com Contact: GRIT International Inc., Investor Relations Website: www.gritintl.com; E-mail: grit-admin@GRITintl.com P : 780.513.1125 F : 780.814.5584 A : Suite 201, 9914 - 109th Avenue, Grande Prairie, AB, T8V 1R7 Investor Relations - German Mr. James Stewart P: +49 (0) 2161 49694870 E: jstewart@GRITintl.com 29.10.2010 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de ---------------------------------------------------------------------------
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