Aqua-Pure Ventures Inc.
TSX VENTURE : AQE

April 14, 2015 14:09 ET

Aqua-Pure Ventures Inc. Engages Canaccord Genuity Corp. to Evaluate Strategic Alternatives

CALGARY, ALBERTA--(Marketwired - April 14, 2015) - Aqua-Pure Ventures Inc. ("Aqua-Pure" or the "Company") (TSX VENTURE:AQE) today announces that it and its wholly-owned subsidiary, Fountain Quail Water Management LLC have retained the services of Canaccord Genuity Corp. to act as its advisor in connection with its exploration of strategic alternatives for the Company. The Company intends to evaluate a broad range of financial and strategic alternatives, including, but not limited to, seeking additional financing to support the long-term development of its assets, seeking financial and/or industry partners to participate in the development of its assets, selling some of or all of the Company's assets or interests in those assets, and the possible sale of the Company, among other alternatives.

As previously disclosed in the interim financial statements for the period ended September 30, 2014, material uncertainty exists as to the Company's ability to continue as a going concern. As previously disclosed in the news release dated April 10, 2015, material uncertainty exists as to the Company's ability to continue to comply with its continuous disclosure obligations.

Trading in the securities of Aqua-Pure should be considered highly speculative.

For more information, please contact: info@aqua-pure.com.

About Canaccord Genuity Corp.

Canaccord Genuity Corp. (TSX:CF)(LSE:CF) offers institutional and corporate clients idea-driven investment banking, merger and acquisition, research, sales and trading services from offices in 10 countries worldwide. Our team of nearly 1,000 capital markets and advisory professionals has industry and transactional expertise in 18 key sectors of the global economy. We are committed to providing valued services to our clients throughout the entire lifecycle of their business and operating as a gold standard independent investment bank - expansive in resources and reach, but targeted in industry expertise, market focus and individual client attention.

Forward-looking Statements

This release contains forward-looking statements respecting the assessment, by Aqua-Pure, of the Company's ability to restructure its debt facilities or find a strategic alternative. There are no assurances that the Company's or its advisor's efforts will be successful. Undue reliance should not be placed on the forward-looking statements.

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

  • Aqua-Pure Ventures Inc.
    Richard Magnus
    Chairman
    (403) 301 4123 ext. 27

    Aqua-Pure Ventures Inc.
    Karim Teja
    Consultant
    (403) 301 4123 ext. 26
    info@aqua-pure.com

    Canaccord Genuity Contact:
    Andrew Birkby
    403 503 3831
    abirkby@canaccordgenuity.com