Bonaparte Capital Corp.
TSX VENTURE : BON.P

January 29, 2010 17:59 ET

Bonaparte Announces Filing of Filing Statement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 29, 2010) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Bonaparte Capital Corp. (TSX VENTURE:BON.P) ("Bonaparte" or the "Corporation") is pleased to announce that it has filed a filing statement (the "Filing Statement") in respect of the Corporation's proposed qualifying transaction (the "Qualifying Transaction"), as required by Policy 2.4 of the TSX Venture Exchange (the "Exchange"). The Filing Statement has been filed on SEDAR and may be viewed at www.sedar.com.

The Qualifying Transaction involves the grant to the Corporation by ATAC Resources Ltd. of the right and option to acquire an undivided 50% interest in and to certain mineral claims known as the Rosy property (the "Rosy Property") located in the Whitehorse Mining District, Yukon Territory, Canada. The Corporation expects to have fully earned the option by December 31, 2012.

On January 27, 2010, the Exchange conditionally accepted the Qualifying Transaction. The final approval of the Exchange is conditional upon the filing of all outstanding documents required by Policy 2.4. Investors are cautioned that, except as disclosed in the Filing Statement prepared in connection with the Qualifying 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.

ON BEHALF OF THE BOARD

BONAPARTE CAPITAL CORP.

Randy Saunders, President and Chief Executive Officer

Statements in this news release regarding the Company's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties, such as the statement that: (i) the ATAC will grant Bonaparte the option to acquire the interest in the Rosy Property; (ii) the acquisition is intended to be Bonaparte's qualifying transaction under Exchange Policy 2.4; (iii) Bonaparte expects that it will have earned the option by December 31, 2012; and (iv) approval of the transaction is conditional upon the filing of all outstanding documents in accordance with Exchange policies. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties, including the risk that: (i) the grant of the option and the earn-in not to occur for any reason; and (ii) refusal of the Exchange to provide final approval of the transaction. Actual results in each case could differ materially from those currently anticipated in such statements. Completion of the transaction is subject to a number of conditions, including but not limited to, final Exchange acceptance. There can be no assurance that the transaction will be completed as proposed or at all.

Contact Information

  • Bonaparte Capital Corp.
    Randy Saunders
    President
    (604) 484-8750
    (604) 484-8755 (FAX)