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Circa Reports Common Shares Issued Under Share Acquisition Plan

^{Published on 2009-11-09 09:51:56 - Market Wire}
 

CALGARY, Nov. 9 /CNW/ - Circa Enterprises Inc. (CTO-TSXV) (the "Company" or "Circa"), a manufacturer of equipment for the telecommunication, electrical utility, and construction industries, reports it has issued shares under the Company's Share Acquisition Plan.

On September 30, 2009 the Company issued an aggregate of 51,567 common shares to two of its directors pursuant to the Company's share acquisition plan at a deemed price of $0.11 per share in lieu of the cash annual retainer otherwise payable to such directors. As a result of such issuances, the maximum number of shares issuable under the Company's share acquisition plan has now been reached.

Circa Enterprises Inc. is a public company with offices in Alberta, Ontario and Florida. The outstanding common shares of Circa Enterprises Inc. are listed and trade on the TSX Venture Exchange under the ticker symbol CTO. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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