Empire Industries Ltd. Undertakes $17.5 Million Refinancing

Winnipeg, Manitoba, January 29, 2010 � Empire Industries Ltd. (TSX-V: EIL) (�Empire� or the �Company�), announced today that it has accepted a $17.5 million Commitment Letter from a Canadian Chartered Bank (the �New Bank�) to provide a centralized $10 million revolving operating facility (�New Operating Facility�) and a $7.5 million term loan (�New Term Loan�) …

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