Inflazyme Pharmaceuticals Ltd. (IZP.TO) Shareholders Approve Matters Necessary to Set New Direction and Completion of a $300,000 Non-Brokered Private Placement  
8/19/2008 10:06:27 AM

VANCOUVER, BRITISH COLUMBIA--(Marketwire - August 19, 2008) - Inflazyme Pharmaceuticals Ltd., (NEX: IZP.H) today announced that at its AGM and Special Meeting, shareholders approved a number of resolutions that will allow the Company to set a new direction. The Company intends to target the lumber and forestry sector. Inflazyme shareholders voted in favor of the $300,000 non-brokered unit Private Placement which closed in escrow on June 30, 2008, including the other matters on which the completion of the Private Placement was conditioned.