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TORONTO, ONTARIO--(Marketwire - April 11, 2011) - Xylitol Canada Inc. ("Xylitol Canada", or the "Company") (TSX VENTURE:XYL) announces today that it is issuing 86,000 common shares at a price of $0.25 per share as payment of $21,500 in fees to a service provider. The Company has taken this initiative to preserve cash as it executes its business plan. The share issuance has been conditionally approved by the TSX Venture Exchange, subject to submission of final materials. The shares being issued will be subject to a four month hold period. |
