Kristina Capital Corp.

April 29, 2008 19:51 ET

Kristina Capital Corp. to Resume Trading on April 30, 2008

CALGARY, ALBERTA--(Marketwire - April 29, 2008) - Kristina Capital Corp. (TSX VENTURE:KCA.P) ("Kristina") hereby announces that it had entered into a letter of intent to acquire a private oil and gas company as its potential qualifying transaction, however the agreement was terminated. Trading in the common shares of Kristina on the TSX Venture Exchange (the "Exchange") will resume at the open of trading tomorrow, April 30, 2008.

Kristina is a Capital Pool Company as defined in Policy 2.4 of the Exchange and is therefore subject to and governed by the restrictions of Exchange Policy 2.4. To date, Kristina has not conducted operations of any kind. Kristina proposes to identify and evaluate opportunities for the acquisition of an interest in assets or businesses and, once identified and evaluated, to negotiate an acquisition or participation subject to receipt of regulatory approval. Kristina does not own any assets, other than cash, and has not entered into an "Agreement in Principle", as such phrase is defined in Policy 2.4 of the Exchange, with respect to any acquisition.

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

Contact Information

  • Kristina Capital Corp.
    Murray K. Atkins
    Chief Executive Officer
    (403) 244-3555
    Kristina Capital Corp.
    Gordon D. Anderson
    Chief Financial Officer
    (403) 265-3733 ex 235