VANCOUVER, June 22 /PRNewswire-FirstCall/ - Can/Am Autosales, Inc. (OTCBB: CAMU), today announces a 5 for 1 forward split of the company's common stock. The forward split will take effect on July 7, 2004. All Shareholders of record as of July 7, 2004, will receive a new certificate for 5 shares for each share they own on July 7, 2004. After the common stock split, the number of issued and outstanding shares of the Company will increase from 3,652,500 to 18,262,500. The authorized shares of 100 million and the par value of $0.001 per common share remain unchanged. The Company has begun the process to obtain a new CUSIP number and trading symbol and will trade under this new symbol on July 7, 2004. Effective June 18, 2004, John Mantas has resigned as a director of Can/Am Autosales, Inc.
For further information: Corporate Contact: Phil Groumoutis 604-732-3799
SOURCE Can/Am Autosales, Inc. -0- 06/22/2004 /CONTACT: Corporate Contact: Phil Groumoutis, (604) 732-3799/ (CAMU)
CO: Can/Am Autosales, Inc. ST: British Columbia IN: REA OTC SU:
------------------ Due Da Due......But Be Quick About It!!!!!