Aumento Capital Corporation

April 15, 2011 16:51 ET

Aumento Capital Corp. Announces Secured Loan to Annidis Health Systems Corp.

TORONTO, ONTARIO--(Marketwire - April 15, 2011) - Aumento Capital Corp. ("Aumento") (TSX VENTURE:ATO.P), a Capital Pool Company, will advance $200,000 to Annidis Health Systems Corp. ("Annidis") by way of a secured loan. The loan is non-interest bearing and is secured against all of the assets of Annidis.

Aumento entered into a letter of intent with Annidis as set out in Aumento's press release dated January 25, 2011 to complete a business combination (the "Transaction") whereby all of the issued and outstanding securities of Annidis will be exchanged for securities of Aumento. The Transaction is intended to constitute the Qualifying Transaction of Aumento as such term is defined in Policy 2.4 of the Corporate Finance Manual of the TSX Venture Exchange (the "Exchange").

The loan will be used by Annidis to fund ongoing operating expenses such as payroll and other general and administrative expenses being incurred in the day-to-day operations; to fund the purchase of materials used for the current manufacturing of Annidis products; to fund the labour costs pertaining to the manufacturing of Annidis products; and to be used for general working capital purposes.

Completion of the transaction is subject to a number of conditions, including but not limited to, Exchange acceptance and if applicable pursuant to Exchange Requirements, majority of the minority shareholder approval. Where applicable, the transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the transaction, any information released or received with respect to the transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.

The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

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