Focused Capital II Corp. Announces Suspension of Trading
19 Febrero 2014 - 12:55PM
Marketwired
Focused Capital II Corp. Announces Suspension of Trading
TORONTO, ONTARIO--(Marketwired - Feb 19, 2014) - Focused Capital
II Corp. ("Focused Capital II") (TSX-VENTURE:FAV.P), a capital pool
company as defined under Policy 2.4 of the TSX Venture Exchange
(the "Exchange"), announces that as a "capital pool company"
pursuant to Policy 2.4 of the Exchange, it was required to complete
a Qualifying Transaction within 24 months from the date of its
listing on the Exchange. Accordingly, effective December 31, 2013,
the shares of Focused Capital II were suspended from trading on the
Exchange. The Exchange has given Focused Capital II until April 2,
2014 (90 days) to complete a Qualifying Transaction.
Focused Capital II
will be taking the necessary measures over the next 90 days to
ensure that if a Qualifying Transaction is not completed by April
2, 2014 its shares will be transferred to the NEX board of the
Exchange.
About Focused
Capital II Corp.
Focused Capital II,
a capital pool company within the meaning of the policies of the
Exchange, was listed on the Exchange on December 28, 2011. Focused
Capital II does not have any operations and has no assets other
than cash. Focused Capital II's business is to identify and
evaluate businesses and assets with a view to completing a
qualifying transaction under the policies of the Exchange.
The information
in this news release includes certain information and statements
about management's view of future events, expectations, plans and
prospects that constitute forward looking statements. These
statements are based upon assumptions that are subject to
significant risks and uncertainties. Because of these risks and
uncertainties and as a result of a variety of factors, the actual
results, expectations, achievements or performance may differ
materially from those anticipated and indicated by these forward
looking statements. Although Focused Capital II believes that the
expectations reflected in forward looking statements are
reasonable, it can give no assurances that the expectations of any
forward looking statements will prove to be correct. Except as
required by law, Focused Capital II disclaims any intention and
assumes no obligation to update or revise any forward looking
statements to reflect actual results, whether as a result of new
information, future events, changes in assumptions, changes in
factors affecting such forward looking statements or
otherwise.
Neither TSX
Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this
release.
Focused Capital II Corp.Mark GoodmanChief Executive Officer(416)
924-9893mgoodman@dundeecorporation.com
Focused Capital II Corp (TSXV:FAV.P)
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