VANCOUVER, British Columbia, Sept. 20, 2005 (PRIMEZONE) -- Newmark Ventures, Inc. (OTCBB:NWMV) ("Newmark") intends to effect a three-for-two stock split in which one new share will be issued for each two shares.
The corporation believes that the current per share price level of its common stock has reduced the effective marketability of the shares. The corporation believes that the forward split may encourage potential new investors and increase the liquidity of the common stock.
A number of statements contained in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. These forward-looking statements involve a number of risks and uncertainties. The actual results of Newmark may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. Newmark encourages the public to read the information provided here in conjunction with its most recent filings on Form 10KSB and Form 10QSB. Newmark's public filings may be viewed at www.sec.gov.