Boost Capital Corp.

June 10, 2014 09:00 ET

Boost Capital Corp. Announces Transfer to NEX

TORONTO, ONTARIO--(Marketwired - June 10, 2014) - Boost Capital Corp. ("Boost Capital") (TSX VENTURE:BST.P), a capital pool company as defined under Policy 2.4 of the TSX Venture Exchange (the "Exchange"), announces that Boost Capital has received approval from the Exchange to transfer its listing to the NEX board of the Exchange under the ticker symbol "BST.H". Accordingly, the common shares of Boost Capital are scheduled to be transferred to the NEX board of the Exchange effective the opening on June 11, 2014.

Trading in the securities of Boost Capital will remain suspended pending an Exchange review of Boost Capital's compliance with Exchange requirements.

As part of the transfer to NEX, Boost Capital received shareholder approval at its annual and special meeting held on June 2, 2014 to cancel 2,000,000 of its common shares held by non-arm's length parties of Boost Capital that were issued at a price below Boost Capital's initial public offering price of $0.10.

About Boost Capital Corp.

Boost Capital, a capital pool company within the meaning of the policies of the Exchange, was listed on the Exchange on February 7, 2012. Boost Capital does not have any operations and has no assets other than cash. Boost Capital's business is to identify and evaluate businesses and assets with a view to completing a qualifying transaction under the policies of the Exchange.

The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Although Boost Capital believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward looking statements will prove to be correct. Except as required by law, Boost Capital disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.

Neither 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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