An ASCOM subsidiary increase production capacity

Asek Company for Mining "ASCOM" (ASCM.CA) sent a release to CASE asserting that Ascom Co. for Chemicals and Carbons, which is owned by 99% to Asek Company for Mining "ASCOM", has signed yesterday a contract to expand its production capacity. The company added that investment cost is expected to reach Euro 15,000,000 while production is expected to start by the end of year 2009.