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Aerocast Retains VS Venture Services GMBH

5 June 2009 Börsensymbol - CNSX: A; FSE: ØAE

Aerocast Inc. (“Aerocast”) announces that it has entered into a consulting agreement with VS Venture Services GmbH of Wiesbaden, Germany, dated June 2, 2009 whereby VS Venture Services has agreed to provide consulting services to Aerocast for a fee of $11,000 payable in common shares of the Company. VS Venture Services has also been granted an option to acquire up to 50,000 shares at $0.22 per share.

Pursuant to the consulting agreement, VS Venture Services has agreed to assist Aerocast in liaising with representatives of ProMexico with a view to promoting Aerocast as a potential recipient of a loan, guarantee, subvention or other benefit from ProMexico. ProMexico is a Mexican government institution in charge of strengthening Mexico’s participation in international economy that coordinates actions to attract foreign direct investment to Mexico.

In the event that Aerocast, with the assistance of VS Venture Services, enters into an agreement with ProMexico whereby Aerocast receives a loan, guarantee, subvention or other benefit, then VS Venture Services shall be entitled to receive a success fee consisting of a 5% cash commission on the first $500,000 of benefit to Aerocast plus stock options and shares. VS Venture Services shall receive a 2% cash commission of the value of the ProMexico benefit worth in excess of $500,000 up to $1,000,000 plus additional stock options and shares. VS Venture Services shall receive a 1% cash commission of the value of the ProMexico Benefit worth in excess of $1,000,000 plus additional stock options and shares. If the ProMexico Benefit is in the form of a non-repayable grant, then VS Venture Services shall receive additional shares plus additional options.

 


Über Aerocast Inc.

Aerocast betreibt eine wachstumsorientierte Sandgießerei, die komplexe Aluminium- und Magnesiumgussteile in erster Linie für die Luftfahrtindustrie erzeugt. Zu den Kunden des Unternehmens zählen Honeywell Aerospace, Hamilton Sundstrand und Shimadzu Precision Instruments. Die Produkte von Aerocast sind sehr gefragt und nahezu konkurrenzlos. Das Führungsteam unseres Unternehmens verfügt über 110 Jahre umfassende Erfahrung in der Erzeugung von Sandgussteilen für die Luftfahrtindustrie.

Aerocast-Aktien notieren an der Canadian National Stock Exchange (CNSX) unter dem Börsensymbol ‘A’.

Für weitere Informationen wenden Sie sich bitte an Robert Jamieson Sr., der entweder telefonisch unter (480)830-0848 bzw. per E-mail unter This e-mail address is being protected from spambots. You need JavaScript enabled to view it für Sie erreichbar ist. Besuchen Sie auch unsere Website auf www.aerocastinc.de.

Für das Board of Directors:

Aerocast Inc.

“Robert Jamieson”
Präsident und Direktor

Die Canadian National Stock Exchange hat den Inhalt dieser Pressemeldung nicht überprüft und übernimmt keine Verantwortung für dessen Angemessenheit und Korrektheit.

Nicht zur Verbreitung in den Vereinigten Staaten oder zur Ausgabe an US-Bürger bestimmt
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Wenn Sie regelmäßig über die neuesten Entwicklungen bei Aerocast informiert werden möchten, dann senden Sie uns bitte eine Email an This e-mail address is being protected from spambots. You need JavaScript enabled to view it .


Forward-Looking Information:


Aerocast Inc. (the “Company”) advises that this release may include certain statements that may be deemed "forward-looking information". Forward-looking information means disclosure regarding possible events, conditions or results of operations that is based on assumptions about future economic conditions and courses of action and includes future oriented financial information with respect to prospective results of operations, financial position or cash flows that is presented either as a forecast or a projection. Such disclosure is identified in this release by the use of words such as “could”, “should”, "will" and "expects" as well as the use of the future or conditional tense. Material factors or assumptions that were applied in drawing a conclusion or making a forecast or projection set out in the forward-looking information include: prices quoted by the Company to its customers, the quantities of particular products that the Company expects certain customers to order, and the Company’s assumption that its customers will proceed with orders they have placed. Although the Company believes it has a reasonable basis for drawing the conclusions or making the forecasts and projections set out in the forward-looking information, readers are cautioned that forward-looking information is not a guarantee of future performance and actual results or developments may differ materially from those in the forward-looking information. Material factors that could cause actual results to differ materially from a conclusion, forecast or projection include customer demand and market prices for the Company’s products and services, continued availability of capital and financing, and general economic, market or business conditions. The Company does not assume any obligation to update or revise its forward-looking information, whether as a result of new information, future events or otherwise.

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