DGAP-News: GRIT International Inc.: GRIT INTERNATIONAL ANNOUNCES ACCUMULATED EUR 10 MILLION EQUITY F

DGAP-News: GRIT International Inc.: GRIT INTERNATIONAL ANNOUNCES ACCUMULATED EUR 10 MILLION EQUITY FINANCING AND COMMENCES REGULAR INVESTOR CONFERENCE CALLS STARTING WEDNESDAY NOVEMBER 3RD, 2010

ID: 32451

(firmenpresse) - GRIT International Inc. / Key word(s): Corporate Action/Statement

29.10.2010 16:10
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GRANDE PRAIRIE, AB, Friday, October 29th, 2010: GRIT International Inc.,
'GRIT' (FRANKFURT: 3GR1) is pleased to announce that it has an accumulated
total of EUR 10 million financing in the form of equity lines. The funding
will be used to assist with the purchase of certain assets and working
capital. GRIT will continue to work toward its aggressive expansion plans
with this round of financing contracted.

Furthermore, due to an increasing international shareholder base, and in
particular, investor interest from Germany and other parts of Europe, GRIT
is now launching regular international pre-announced investor conference
calls.

The investor conference calls will commence Wednesday, November 3th 2010,
5:00 pm (Central European time). Grit's management will be available by
telephone conference to discuss ongoing corporate developments, which will
include upcoming events and the general outlook for the immediate future.
For access, the following numbers are available:

Germany 069 40359 800 access code 279913#
Canada 514 315 7879 access code 279913#
United States 215 599 1757 access code 279913#


GRIT INTERNATIONAL INC.
GRIT International is a Canadian based company, registered in the State of
Nevada; its goal is to become the leader of paint and coatings products in
North America. GRIT is already a specialized service provider of composite
abrasives, blasting, paintings and coatings. It is developing additional
interests and assets in minerals, oil and gas, utilities and engineering.

Safe Harbour Statement; under the Private Securities Litigation Reform Act
of 1995: The statements contained herein which are not historical are




forward-looking statements that are subject to risks and uncertainties that
could cause actual results to differ materially from those expressed in the
forward-looking statements, including, but not limited to, certain delays
beyond the company's control with respect to market acceptance of new
technologies or products, delays in testing and evaluation of products, and
other risks detailed from time to time in the Company's filings with the
Securities and Exchange Commission. Contact: GRIT International Inc.,
Investor Relations. Website: www.gritintl.com; E-mail:
grit-admin(at)gritintl.com

Contact: GRIT International Inc.,
Investor Relations
Website: www.gritintl.com;
E-mail: grit-admin(at)GRITintl.com
P : 780.513.1125
F : 780.814.5584
A : Suite 201, 9914 - 109th Avenue, Grande Prairie, AB, T8V 1R7

Investor Relations - German
Mr. James Stewart
P: +49 (0) 2161 49694870
E: jstewart(at)GRITintl.com




29.10.2010 16:10 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Bereitgestellt von Benutzer: EquityStory
Datum: 29.10.2010 - 16:10 Uhr
Sprache: Deutsch
News-ID 32451
Anzahl Zeichen: 0

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