OAKVILLE, ONTARIO--(Marketwired - Sept. 17, 2013) - BENEV Capital Inc. (TSX:BEV) (the "Corporation") announced today that on Monday, September 23, 2013, the Corporation's shares are expected to commence trading on the NEX Board of the TSX Venture Exchange under the new ticker symbol BEV.H.
As previously announced in the Corporation's press release issued on June 19, 2013, the Corporation is voluntarily delisting from the Toronto Stock Exchange (the "TSX") after the TSX determined that the Corporation no longer met the TSX's requirements for continued listing after the sale of the Corporation's waste treatment plant in Saint Ambroise, Quebec. The TSX subsequently determined that the Corporation did not meet the requirements of a TSX Venture Tier 2 company. This de-listing from the TSX is expected to occur on Friday, September 20, 2013.
The transition is expected to be relatively seamless for shareholders, and the current share certificates will continue to represent the shares of the Corporation.
As previously disclosed, the Corporation continues to seek to source, structure and complete one or more transactions designed to transform the Corporation and create meaningful value for shareholders. There can be no assurance, however, that a new listing on the TSX or the TSX Venture Exchange will be obtained upon completion of such transformational transactions or, if so, when.
Certain statements contained in this press release and in certain documents incorporated herein by reference may constitute forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe", "confident", "plan" and "intends" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events, performance, or achievements of BENEV Capital Inc. to differ materially from those anticipated or implied in such forward-looking statements. BENEV Capital Inc. believes that the expectations reflected in these forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct. Given these uncertainties, readers are cautioned that forward-looking statements included in this press release are not guarantees of future performance, and such forward-looking statements should not be unduly relied upon. These statements speak only as of the date of this press release. BENEV Capital Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law.
All of the forward-looking statements made in this Press Release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, BENEV Capital Inc.