Vistior Capital Limited

June 11, 2009 14:18 ET

Vistior Capital Limited Completes Qualifying Transaction, Distribution to Shareholders and Dissolution

TORONTO, ONTARIO--(Marketwire - June 11, 2009) - Vistior Capital Limited ("Vistior") (TSX VENTURE:VCL.P) announces the completion of the distribution (the "Distribution") of an aggregate of 6,771,429 common shares (the "Seafield Shares") in the capital of Seafield Resources Ltd. ("Seafield") (TSX VENTURE:SFF) to the shareholders of record of Vistior by way of a return of capital on June 10, 2009. Pursuant to the return of capital, shareholders of record of Vistior received 1 Seafield Share for each 0.44 of a common share of Vistior held by them. Any Seafield Shares distributed to shareholders of Vistior whose common shares of Vistior have been held in escrow will also be held in escrow under the same terms and conditions as such Vistior common shares. All Seafield Shares distributed to the shareholders of Vistior are subject to a four month hold period.

The Distribution represents the final stage of its previously announced Qualifying Transaction. Pursuant to the Qualifying Transaction, Vistior completed the private placement of the Seafield Shares and subsequently completed the Distribution.

The common shares of Vistior will remain halted pending final TSX Venture Exchange ("TSXV") approval of the Qualifying Transaction and the issuance by the TSXV of a Final Exchange Bulletin. Upon final approval, Vistior will be delisted and dissolved and all outstanding equity rights in Vistior will be cancelled.

Additional details regarding the Qualifying Transaction, Distribution and the dissolution are available in the management information circular of Vistior dated April 9, 2009, a copy of which is available on SEDAR at

This press release contains "forward looking information" (as defined in applicable Canadian securities legislation) that is based on expectations, estimates and projections as of the date of this press release. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company is forward looking information that involve various degrees of risk. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking information: changes in the world wide price of commodities, general market conditions, risks inherent in exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. The Company relies on litigation protection for forward looking information.

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