Java Capital Inc. Announces Resignation of Directors
02 December 2010 - 4:33AM
Marketwired Canada
NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA
Java Capital Inc. (the "Company") (TSX VENTURE:JCI.P) announced that three of
its directors, Mr. Johnson Joseph, Mr. Laval Bolduc, and Mr. Charles- Andre
Tessier, who were elected at the Shareholder meeting on November 15th, have
resigned as directors of the Company. The Company has announced a proposed
Qualifying Transaction whereby it plans to acquire 100% of the issued and
outstanding securities of Peak Positioning Corp. ("Peak") subject to certain
terms and conditions as announced on September 30th, 2010. The contemplated
transaction is still in progress and Messers Joseph, Bolduc and Tessier will be
nominated to join the board of directors of the resulting issuer upon the
completion of the proposed Qualifying Transaction.
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