Acme Capital Corporation
TSX VENTURE : AMN.P

November 07, 2011 13:30 ET

Acme Capital Corporation Announces Corporate Update

CALGARY, ALBERTA--(Marketwire - Nov. 7, 2011) -

(NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA)

Acme Capital Corporation (TSX VENTURE:AMN.P) ("Acme" or the "Corporation") announces it has entered into discussions regarding a prospective qualifying transaction with two Canadian resource companies. Management's assessment of the companies' suitability as prospective partners for a qualifying transaction is currently on hold pending the provision of technical reports describing their assets. Upon being provided with the technical reports, the Corporation's management will make a determination as to each company's suitability in regards to the Corporation's qualifying transaction.

Trading of the Acme common shares will not resume until the Corporation has made a further announcement regarding the prospective qualifying transaction.

ABOUT ACME

The Corporation is a capital pool company ("CPC") that has not commenced commercial operations and has no assets other than cash. Except as specifically contemplated in the CPC policy, until the completion of the qualifying transaction, the Corporation will not carry on business, other than the identification and evaluation of companies, business or assets with a view to completing a proposed qualifying transaction.

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 news release.

Contact Information

  • Acme Capital Corporation
    Al J. Kroontje
    President
    (403) 539-4447
    (403) 444-5042 (FAX)