Humpty's Restaurants International Inc.
TSX VENTURE : HMP

Humpty's Restaurants International Inc.

July 22, 2009 13:58 ET

Humpty's Restaurants International Inc. Announces Issuance of Interim Order

CALGARY, ALBERTA--(Marketwire - July 22, 2009) -

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA.

Humpty's Restaurants International Inc. (TSX VENTURE:HMP) (the "Corporation") is pleased to announce that on July 21, 2009 it obtained from the Court of Queen's Bench of Alberta an interim order pursuant to section 193 of the Business Corporations Act (Alberta) in respect of the previously announced going private transaction pursuant to a Plan of Arrangement (the "Arrangement").

The interim order directs the Corporation to hold a shareholders meeting on August 31, 2009 to consider the Arrangement and directs the conduct of the shareholders meeting and other matters relevant to the Arrangement.

The Arrangement, if approved by shareholders and a final order is issued by the Court of Queen's Bench of Alberta, will result in 823533 Alberta Ltd., a company controlled by Don Koenig and Jan Koenig, both directors and officers of the Corporation, acquiring all of the issued and outstanding common shares of the Corporation not owned by 823533 Alberta Ltd. or its beneficial shareholders at $0.26 per share.

This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Such information is subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking information. Readers are cautioned not to place undue reliance on forward-looking information, as no assurances can be given as to future results, levels of activity or achievements."

This news release shall not constitute an offer to sell or the solicitation of any offer to buy securities of the Corporation in any jurisdiction, including the United States. The Common Shares have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and have not been and will not be offered or sold in the United States or to any U.S. person except in certain transactions exempt from the registration requirements of the U.S. Securities Act and applicable state securities laws.

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.

Contact Information

  • Humpty's Restaurants International Inc.
    Bert Messier
    Director
    (403) 283-3200
    Website: www.humptys.com