TORONTO, Sept. 14, 2005 (PRIMEZONE) -- First Canadian American Holding Corporation (Pink Sheets:FCDH) announced today that it has an agreement to acquire certain rights for Mississippi and to joint venture with Terrablock, Inc. for that territory.
Michael Gross, CEO of Terrablock comments that "We hope by working with First Canadian American Holding Corporation that they can assist in rebuilding the lives of these devastated communities." See www.terrablock.com.
First Canadian American Holding Corporation CEO, Sandy Winick stated, "All we want to do is assist in this region of the country that so many of our friends, families and loved ones have lost there homes." Commenting further Mr. Winick goes on to say, "We hope that we can be apart of this rebuilding process."
About First Canadian American Holding Corporation.
First Canadian American Holding Corporation is a holding company with subsidiaries in a range of businesses. The Company's subsidiaries conduct operations in areas of digital television, radio and building and construction and natural resources. The company is actively looking at several other opportunities in many different industries such as additional natural resources, wireless, technology, and biotechnology.
Safe Harbor
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.