Sinomar Capital Corp.
TSX VENTURE : SMM.P

December 16, 2009 11:29 ET

Sinomar Capital Corp. Announces Increase of Proposed Brokered Private Placement

CALGARY, ALBERTA--(Marketwire - Dec. 16, 2009) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Sinomar Capital Corp. (the "Corporation") (TSX VENTURE:SMM.P), a capital pool company, announces that further to its press release issued December 14, 2009, which announcement included reference to the Corporation's proposed brokered private placement (the "Brokered Private Placement") to raise up to $1,000,000, the amount of the Brokered Private Placement will now be increased by $500,000 for a total of up to $1,500,000. The Brokered Private Placement is for units ("Units"), to be issued at a price of $0.30 per Unit, each Unit consisting one common share and one-half of one common share purchase warrant, with each whole common share purchase warrant entitling the holder to purchase one common share of the Corporation for a period of one year from the closing of the Brokered Private Placement at a price of $0.60 per common share.

In all other respects, the information included in the Corporation's news release dated December 14, 2009 remains unchanged.

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