Ballyliffin Capital Corp.
TSX VENTURE : BLL.P

March 25, 2009 13:50 ET

Ballyliffin Capital Corp.: TSX Venture Exchange Grants CPC Extension

KELOWNA, BRITISH COLUMBIA--(Marketwire - March 25, 2009) - Mr. Devinder Randhawa, President of Ballyliffin Capital Corp. (TSX VENTURE:BLL.P) (the "Corporation" or "Ballyliffin") announces that in accordance with the TSX Venture Exchange ("TSXV") Temporary Relief Measures bulletins previously issued, the TSXV has granted Ballyliffin an extension until November 23, 2009 to identify, complete and receive final TSXV approval for a Qualifying Transaction.

Ballyliffin further announces that it will not be proceeding with its previously disclosed Qualifying Transaction, as announced in a press release issued on October 3, 2008. Trading in the shares of Ballyliffin will remain halted in connection with a proposed Qualifying Transaction that the Corporation anticipates entering into shortly. Therefore, the trading halt will remain in effect in accordance with TSXV policies until all necessary documentation has been filed and approved by the TSXV. Further details will be announced once a letter of intent has been signed.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the information contained herein. Certain information regarding the Corporation contained herein may constitute forward-looking statements under applicable securities laws. Such statements are subject to known or unknown risks and uncertainties that may cause actual results to differ materially from those anticipated or implied in the forward-looking statements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Ballyliffin Capital Corp.
    Mr. Devinder Randhawa
    President
    (250) 868-8177
    (250) 868-8493 (FAX)
    Email: info@rdcapital.com