China 88 Capital Corp.
TSX VENTURE : ZRG.P

October 25, 2011 16:51 ET

China 88 Capital Corp. to Resume Trading

CALGARY, ALBERTA--(Marketwire - Oct. 25, 2011) -

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

China 88 Capital Corp. (TSX VENTURE:ZRG.P) ("China 88" or the "Company") has requested a resumption in trading of its stock on the TSX Venture Exchange from IIROC. At the request of the Company, China 88's was stock was halted on September 22, 2011 by IIROC based in China 88's intent to pursue a potential Qualifying Transaction. The company has subsequently determined not to pursue that potential Qualifying Transaction. The shares of the Company are expected to resume trading on or about October 27, 2011.

About China 88 Capital Corp.

China 88 Capital Corp., a capital pool company within the meaning of the policies of the Exchange, was incorporated in Alberta on September 15, 2009 and was listed on the Exchange on February 22, 2010. The Company does not have any operations and has no assets other than cash. The Company's business is to identify and evaluate businesses and assets with a view to completing a Qualifying Transaction.

The TSX Venture Exchange has in no way passed on the merits of the proposed transaction and has neither approved or disapproved the contents of this press release. It is expected that Union Securities Ltd., subject to completion of satisfactory due diligence, will agree to act as sponsor in connection with the transaction. An agreement to sponsor should not be construed as any assurance with respect to the merits of the transaction or the likelihood of completion. 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.

Contact Information

  • China 88 Capital Corp.
    James Paterson
    President & Chief Executive Officer
    (888) 505-5480