(PRWEB) April 25, 2005
HMZ Metals, Inc. announced that its common shares were approved for listing and trading on the Toronto Stock Exchange (ÂTSXÂ) under the symbol, ÂHMZ.Â The TSX listing corresponds with the closing of HMZÂs initial public offering under which the company raised gross proceeds of $15.5 million.
Biogan International Inc. was a publicly held United States company with an interest in a Chinese mining joint venture when it filed for chapter 11 bankruptcy protection in 2004. Young Conaway Stargatt & Taylor, LLP acted as lead bankruptcy counsel to Biogan, assisting and advising it in connection with the successful prosecution of its chapter 11 plan of reorganization.
The plan proposes to satisfy all claims, preserve value for equity holders, and domicile the operations of the emerging company in Canada, all of which are capitalized through the public offering in Canada of HMZ.
Attorneys for Young Conaway: Michael Nestor, Edward Kosmowski, Joseph Malfitano and Erin Edwards.
Young Conaway Stargatt & Taylor, LLP, one of DelawareÂs largest law firms, counsels and represents national and international clients, handling sophisticated advisory and litigation matters involving bankruptcy, corporate law and intellectual property. Now in its fifth decade, Young Conaway also guides regional businesses and individuals through a myriad of employment, real estate, tax, estate planning, environmental, banking and consumer issues, from the firm's offices in downtown Wilmington. For more information, please visit http://www.YoungConaway.com.
HMZ is a producing metal company with assets in China. For more information on HMZ, please visit http://www.hmzmetals.com.
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