North Bergen, New Jersey 2/18/2010 10:56:02 PM
News / Business

Blue Square- Israel Ltd. (NYSE:BSI) Announces “Shelf Prospectus” Filing in Israel

Top Penny Stock Newsletter profiles Blue Square- Israel Ltd. Latest Announcements.

Blue Square - Israel Ltd. (NYSE:BSI), together with its subsidiaries, operates a chain of supermarkets in Israel. In addition, it owns, leases, and develops commercial real estate properties… Blue Square-Israel Ltd. trades on the “New York Stock Exchange” under the Stock Symbol”BSI”. For the Latest information regarding “BSI”, make sure to visit the Most Exclusive and In Depth newsletter website at:   http://www.wallstreetgrand.com/.

 

Join today and be part of the best free investment newsletter on the web where we focus on market moving news.

 

Blue Square - Israel Ltd. (NYSE:BSI) reported that following the Company's announcement on the 21st of January, that it filed a draft shelf prospectus in Israel, the Company filed today a "Shelf Prospectus" with the Israel Securities Authority and the Tel Aviv Stock Exchange in Israel. The Shelf Prospectus is valid for a period of two years and may be used by the Company to raise capital or debt in the future through the issuance of shares, notes, convertible notes, warrants and/or commercial paper at the discretion of the Company, subject to a supplemental shelf offering report in which the Company would describe the terms of the securities offered and the specific details of the offering. The Company has not yet made any decision as to the offering of any securities, nor as to its scope, terms or timing, nor is there any certainty that such an offering will be made. A public offering, if made, will be made in Israel to residents of Israel only.

 

You can contact us during market hours at 1-888-9-ClubGrand (1888-925-8247) or via email at staff@wallstreetgrand.com .Gerard@WallStreetGrand.com

 

Safe Harbor

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") including 2009 growth, revenue for the second quarter and year of 2009 and gross margin for the second quarter and year of 2009. Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the impact of intense competition, the continuation or worsening of current economic conditions and the condition of the domestic and global credit and capital markets.

 

Disclaimer:

 

Wall Street Grand LLC has not been compensated by the company for this press release and does not expect to be compensated in the future for any type of awareness. To read our full disclaimer click the link http://www.wallstreetgrand.com/disclosure.html.