Dacha Capital inc.
TSX VENTURE : DAC
OTCQX : DCHAF

Dacha Capital inc.

February 17, 2010 07:30 ET

Dacha Capital Begins Trading on the OTCQX in the U.S.

MONTREAL, QUEBEC--(Marketwire - Feb. 17, 2010) - DACHA CAPITAL INC. (TSX VENTURE:DAC)(OTCQX:DCHAF) ("Dacha" or the "Company") is pleased to report that it has begun trading today in the U.S. on the over-the-counter ("OTC") market's prestigious tier, OTCQX International, under the ticker symbol "DCHAF". As the highest tier of the U.S. OTC market, listed companies are distinguished from the thousands of other companies trading on different tiers in the U.S. OTC market. Investors can find real-time quotes, disclosure and financial information about Dacha on www.otcqx.com.

Scott Moore, President and CEO of Dacha commented: "We are very pleased to be able to provide our U.S. shareholders with an alternative trading platform and believe this is an important step forward to increasing Dacha's visibility within the US market."

Hodgson Russ LLP will serve as Dacha's Principal American Liaison ("PAL") on the OTCQX and will be responsible for providing guidance on the Company's listing requirements.

ABOUT OTCQX

The OTCQX marketplace is the premier tier of the U.S. Over-the-Counter market. Investor-focused companies use the quality controlled OTCQX listing platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. exchange. For more about OTCQX, visit www.otcqx.com.

About Dacha

Dacha is an investment holding company. Its shares are listed on the TSX Venture Exchange under the symbol "DAC" and on the OTCQX under the symbol DCHAF.

The primary investment objective of the Corporation is to achieve capital appreciation by making opportunistic, special situation investments as deemed attractive by the Board of Directors from time to time across various sectors. Presently, the Board of Directors believes there are dominant, long term global trends that are creating opportunities for capital appreciation through investments in the resource sector. To this end, the Corporation may look to make investments in minerals that are considered undervalued or strategic to global growth and by investing in, holding, selling and otherwise transacting in physical amounts of such minerals. The Corporation's investment strategy may include investments in physical, undervalued, or strategic commodities, certain of which are currently unavailable to investors.

Except for statements of historical fact relating to the Company, certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the effect of the commencement of trading on the OTCQX on the Company, the proposed investment strategy of the Company, general investment trends, and receipt of all regulatory approvals. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Estimates regarding the anticipated impact of the appointment are based on previous professional accomplishments and competencies. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Dacha to be materially different from those expressed or implied by such forward-looking information. Although management of Dacha has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Dacha does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

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.

Contact Information

  • Dacha Capital Inc.
    Scott Moore
    President and CEO
    416-861-5903
    smoore@dachacapital.com
    or
    Dacha Capital Inc.
    Stan Bharti
    Executive Chairman
    416-861-5876