/NOT FOR DISTRIBUTION IN THE UNITED
STATES OR OVER UNITED
STATES WIRE SERVICES/
MONTREAL, Sept. 25, 2014 /CNW Telbec/ - OneCap Investment
Corporation (TSXV: OIC.P) ("OneCap"), a capital pool company
as defined under Policy 2.4 – Capital Pool Companies of the
TSX Venture Exchange (the "TSXV"), announces that it has
received approval from the TSXV to proceed to obtain written
majority shareholder approval, excluding the votes of Non-Arm's
Length Parties (as defined by the TSXV), to transfer its listing to
the NEX board of the TSXV. In connection with the transfer of the
listing to NEX and in accordance with stipulated policies and
procedures of the TSXV, shareholders will be asked to consent to
the cancellation of a total of 1,000,000 Seed Shares (as defined by
the TSXV) of OneCap.
Transfer of the shares of OneCap to the NEX board remains
conditional upon receipt of the necessary shareholder approval and
final approval of the TSXV.
OneCap has concurrently with the dissemination of this news
release filed on SEDAR (www.sedar.com) the form of shareholder
consent that OneCap will be mailing to shareholders for the
purposes of obtaining consent to the transfer to NEX and the
cancellation of the Seed Shares.
About OneCap Investment Corporation:
OneCap Investment Corporation, a Capital Pool Corporation within
the meaning of the policies of the TSXV, was incorporated under the
Canada Business Corporations
Act on April 20, 2012. OneCap completed its initial public
offering on August 31, 2012, and
began trading on the Exchange on September
12, 2012. OneCap does not have any operations and has no
assets other than cash. OneCap's business is to identify and
evaluate businesses and acquisitions with a view to completing a
qualifying transaction under the policies of the Exchange.
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.
SOURCE OneCap Investment Corporation