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Austin Engineering Ord Shs V.ANG


Primary Symbol: AUSTF

Industrials
Austin Engineering Limited is an Australia-based global engineering company. The Company is engaged in designing and manufacturing of loading and hauling solutions, including off-highway dump truck bodies, buckets, water tanks and related attachments, supporting both open-cut and underground operations. Complementing its proprietary product range are repair and maintenance services performed in its workshops and on clients' mine sites, and spare parts. Through its own design and engineering IP and range of tailored products, it delivers solutions for all commodity applications and drives efficiencies in productivity and safety in both open cut and underground mining operations. It has partnered with mining companies, contractors and original equipment manufacturers to create engineering solutions. It has operations around the world in Queensland Australia, United States, Chile and Indonesia serving many of the major mining sites in the world both directly and through local partners.


OTCPK:AUSTF - Post by User

Austin Engineering Ord Shs
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Comment by WomansStockingson Mar 03, 2010 5:58pm
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Post# 16840116

RE: RE: most recent NR is Dec.2009

RE: RE: most recent NR is Dec.2009

Below is the beginning of the NR that she emailed me today ............with no other comments. I will respond to her email (now) asking when she expects the next release and what information it will be covering.

w. stocking



PRESS RELEASE

December 31, 2009

TSX-V SYMBOL: ANG

ALTACANADA ENTERS INTO CREDIT FACILITY AND ISSUES WARRANTS

CALGARY, ALBERTA - AltaCanada Energy Corp. (the “Corporation”) today announces that it has entered into a Credit

Facility with Brookfield Bridge Lending Fund Inc. ("Brookfield") and ANG Partners, Ltd. ("ANG Partners") providing for a loan

of $3,250,000. The interest rate on the loan is 8% per annum and the loan is due July 30, 2010. Proceeds from the loan

were used to pay down bank debt as discussed in the Corporation's Third Quarter Report and to provide a $500,000

operating line of credit. In connection with the Credit Facility the Corporation has issued each of Brookfield and ANG

Partners warrants to purchase 1,000,000 Common Shares of the Corporation at
.10 per share until December 30, 2011

(the "Warrants").

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