Trading Symbol: MCV
TORONTO,
Sept. 11, 2013 /CNW/ - McVicar
Industries Inc. ("McVicar", the "Company") reports that the
production facilities of its wholly owned chemical subsidiary
Zhejiang Hongbo Chemical Co. Ltd. ("Hongbo") continues to be
illegally occupied by the factory managers and staff as announced
in the previous press release dated on August 27, 2013. The Company is currently unable
to service its customers, mostly western companies. Representatives
from the Company, though accompanied by officials of the local town
government, were denied access to the factory.
McVicar is continuing to ask for involvement of
higher level local government and legal department for any possible
solutions. It is also keeping close contacts with the
Canadian Embassy in China and the
Trade Commissioner's office in Shanghai for assistance.
This press release contains forward-looking statements which
reflect the Corporation's current expectations regarding future
events. The forward-looking statements involve risks and
uncertainties. Actual results could differ materially from
those projected herein. Although we believe that our expectations
are based on reasonable assumptions, we can give no assurance that
our expectations will materialize.
Neither the TSX Venture Exchange Inc. nor its
regulation services provider (as that term is defined in the
policies of the TSX Venture Exchange) has reviewed or accepts
responsibility for the adequacy or accuracy of this release.
SOURCE McVicar Industries Inc.