EIS Capital Corp.

December 21, 2009 18:32 ET

EIS Capital Corp. Completes Initial Public Offering

EDMONTON, ALBERTA--(Marketwire - Dec. 21, 2009) - EIS Capital Corp. ("EIS Capital") is pleased to announce that it has completed its initial public offering of 1,500,000 common shares at a price of $1.00 per share for aggregate proceeds of $1,500,000 (the "IPO"). Thomas Weisel Partners Canada Inc. acted as agent on the IPO.

EIS Capital has also filed for listing as a Capital Pool Company on the TSX Venture Exchange (the "TSXV"). Subject to the fulfillment of all TSXV requirements, the common shares of the company are expected to commence trading on the TSXV in the next week or two under the trading symbol "EIE.P".

As a result of the IPO, EIS Capital now has 2,500,000 common shares issued and outstanding with 105,000 common shares reserved for issuance pursuant to the exercise of agent options and 250,000 common shares reserved for issuance upon the exercise of stock options.

About EIS Capital

EIS Capital is a newly formed capital pool company created to identify potential acquisitions of commercially viable businesses and assets that have the potential to generate profits and add shareholder value.

Contact Information

  • EIS Capital Corp.
    Rod Marlin
    President & CEO
    (780) 451-6075
    EIS Capital Corp.
    Jason Vandenberg
    (780) 720-4064