Azura Ventures Ltd.

November 16, 2011 11:46 ET

Azura Ventures Ltd. Announces Intended Acquisition

MONCTON, NEW BRUNSWICK--(Marketwire - Nov. 16, 2011) - Azura Ventures Ltd. ("Azura") (TSX VENTURE:AZV.P) announces the intended acquisition of Excellium Technologies Inc., a private corporation which carries on the business of biometric identification and security management. This transaction is intended to constitute an arm's length qualifying transaction pursuant to Policy 2.4 of the Corporate Finance Manual of the TSX Venture Exchange.

Trading of the Azura common shares has been halted and will not resume until Azura has made a further announcement regarding the intended acquisition.

Azura is the first New Brunswick incorporated company to become a Capital Pool Company under the TSX program. Detailed information on Azura is available online at

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.

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