Bricol Capital Corp.

October 31, 2007 12:49 ET

Bricol Capital Corp. Announces Termination of Proposed Transaction

TORONTO, ONTARIO--(Marketwire - Oct. 31, 2007) - Bricol Capital Corp. ("Bricol") announces that the Term Sheet dated effective July 16, 2007 (the "Agreement") to acquire all of the outstanding common shares of Mount Haden Exploration Pty Limited ("Mt. Haden") has been terminated. Bricol had announced, on August 29, 2007, that it had reached agreement to acquire 100% of the issued and outstanding shares of Mt. Haden. Bricol had intended that this acquisition would meet the requirements for a Qualifying Transaction (as defined in TSX Venture Exchange Policy 2.4) however, certain conditions under the Agreement were not fulfilled by the timess stipulated in the Agreement.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Bricol Capital Corp.
    Lucy Bradley
    President and CEO
    (905) 828-6354