Business News

Aztore Announces Delay of Meeting

SOURCE:

Aztore Holdings, Inc.

2008-08-07 15:08:00

Aztore Announces Delay of Meeting

PHOENIX, AZ–(EMWNews – August 7, 2008) – Aztoré Holdings, Inc. (PINKSHEETS: AZHG), an

Arizona corporation with an estimated 300 shareholders (the “Company”),

announced today that it has delayed its pending shareholders meeting from

Monday, August 11, 2008 until Monday, August 25, 2008. The reason cited

for the delay was to assure that all shareholders would receive adequate

notice of the meeting. The main purpose of the meeting is to vote on a

one-for-2,200 share reverse split that would have the effect of taking the

company private. Shareholders with less than one share after the reverse

would be paid $.15 for their “old” shares. The Board of Directors

determined that this is the fair value for the shares taking into account

the speculative and illiquid nature of the Company’s assets. The major

shareholders holding more than 50% of the shares have committed to vote

“FOR” the Reverse Split and the going private plan.

About Aztoré. See aztore.com. Since 1995, the Company has been engaged in

the investment business specializing in very small and speculative public

companies. Aztoré, even though it has more than 100 shareholders, is

exempt from regulation under the Investment Company Act of 1940 due to its

bankruptcy antecedents. During the period covering fiscal 2002 through

fiscal 2004, Aztoré liquidated significant portions of its portfolio and

paid off liabilities of more than $2,000,000. Aztoré is continuing to

concentrate its investment positions.

FOR MORE INFORMATION CONTACT:

Michael S. Williams
(480) 759-9400, x100
e-mail – [email protected]

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