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11.321.2005 - ACD Systems to Purchase and Return 1,254,856 Shares to Treasury for Cancellation



View ACD-Systems related news. VICTORIA, British Columbia - November 17, 2005 - ACD Systems International Inc. (TSX: ASA), today announced that it has purchased 1,254,856 of its common shares (the “Shares”). The Corporation purchased the Shares from three arm’s length shareholders who objected to a special resolution which was passed at the Corporation’s annual and special general meeting held on August 3, 2005. The special resolution authorized the Corporation to continue its jurisdiction of incorporation from Alberta to British Columbia (the “Continuation”).

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NID: 9495 / Submitted by: TACKtech Team
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