Bling Capital Corp.
TSX VENTURE : BLI.P

December 23, 2008 09:30 ET

Bling Capital Corp. Announces Filing of the Filing Statement

CALGARY, ALBERTA--(Marketwire - Dec. 23, 2008) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS.

Bling Capital Corp. (the "Corporation") (TSX VENTURE:BLI.P) is pleased to announce that further to the Corporation's press release dated December 17, 2008, the revised filing statement of the Corporation dated December 18, 2008, with information that is updated to reflect the acquisition (the "Acquisition") by the Corporation of all of the issued and outstanding securities of ON4 Communications, Inc. ("ON4"), will be filed with the TSX Venture Exchange ("Exchange") and applicable securities commissions on December 23, 2008 and will be available on SEDAR under the Corporation's profile at www.sedar.com.

The Acquisition is the proposed Qualifying Transaction of the Corporation, as defined in the policies of the Exchange. It is anticipated that the Qualifying Transaction will close prior to the end of January, 2009.

Completion of the Acquisition is subject to a number of conditions, including, but not limited to, final Exchange acceptance. There can be no assurance that the Acquisition will be completed as proposed or at all. Investors are cautioned that, except as disclosed in the filing statement, 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 Corporation is currently a capital pool company whose shares were both listed for trading and halted from trading on the Exchange on November 1, 2007, under the symbol "BLI.P" pursuant to the policies of the Exchange. Trading in the shares of the Corporation will remain halted until completion of the Qualifying Transaction.

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

Contact Information

  • Bling Capital Corp.
    Stuart Peterson
    President and Director
    (403) 234-0734
    or
    ON4 Communications Inc.
    Cameron Robb
    Chief Executive Officer
    (480) 284-4260