Sanction Capital Corp. Announces Move to the NEX
08 January 2014 - 9:36AM
Marketwired
Sanction Capital Corp. Announces Move to the NEX
CALGARY, ALBERTA--(Marketwired - Jan 7, 2014) - Sanction Capital
Corp. (TSX-VENTURE:SRP.P) (the "Company"), a capital pool company
as defined under Policy 2.4 - Capital Pool Companies of
the TSX Venture Exchange, announces that it received shareholder
approval at the Company's Annual General and Special Meeting held
on December 18, 2013 (the "Meeting") excluding the shareholdings
held by non-arm's length parties, to the transfer of its listing to
the NEX board of the TSX Venture Exchange (the "Exchange"). In
connection with the transfer of the listing to NEX, seed
shareholders, in accordance with stipulated policies and
procedures, have agreed to the cancellation of a total of 2,200,000
common shares.
The common shares of the Company will be transferred from the
Exchange after market close on January 7, 2014 and will be listed
on the NEX board under the symbol of SRP.H effective January 8,
2014.
About Sanction Capital Corp.
Sanction Capital Corp., a capital pool company within the
meaning of the policies of the Exchange, was incorporated under the
Business Corporations Act (Alberta) on May 11, 2011 and
was listed on the Exchange on June 9, 2011. The Company does not
have any operations and has no assets other than cash. The
Company's business is to identify and evaluate businesses and
assets with a view to completing a qualifying transaction under the
policies of the Exchange.
Neither the 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.
Sanction Capital Corp.Leif SnethunPresident, CEO, CFO and
Director403 617-6808
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