Cogitore Resources Inc.
TSX VENTURE : WOO

Cogitore Resources Inc.

December 22, 2014 16:10 ET

Cogitore Resources Announces Results of Special Meeting

TORONTO, ONTARIO--(Marketwired - Dec. 22, 2014) - Further to its news release dated November 27, 2014, Cogitore Resources Inc. ("Cogitore" or the "Company") (TSX VENTURE:WOO) announced today that it held its Special Meeting of Shareholders (the "Meeting") at the offices of the Company. The Meeting was called to order with a quorum achieved.

The resolutions contained in the Company's Proxy Form were passed and there was no new business brought forward. The following resolutions were approved at the Meeting:

  1. that the Company consummate the transaction with Yorbeau Resources Inc. that will result in the sale of substantially all of its exploration assets (the "Sale Transaction");
  2. that the Company consolidate the number of issued and outstanding shares on a one (1) for ten (10) basis (the "Consolidation"); and
  3. the Company change its name from "Cogitore Resources Inc." to "CR Capital Corp." or other such name as the approved by the Company's Board of Directors (the "Name Change").

All resolutions were passed and Cogitore would like to thanks its shareholders for their continued support.

The Company anticipates closing the Sale Transaction and affecting both the Consolidation and the Name Change in early 2015.

About Cogitore Resources Inc.

Cogitore is in the process of divesting of its resources assets and will reposition the company to optimize the value for shareholders.

Caution Regarding Forward-Looking Information

This News Release includes certain "forward-looking statements". These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management's expectations. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. In particular, this News Release makes reference to the proposed Consolidation, Name Change and Sale Transaction. Readers are cautioned that there is no assurance that the Consolidation, Name Change and Sale Transaction referenced herein will proceed as planned and certain conditions must be met before the Consolidation, Name Change and Sale Transaction are effected. Many factors could cause the performance or achievement by Cogitore to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements. These factors include the failure to obtain the required approvals. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward-looking statements contained in this New Release are expressly qualified by this cautionary statement. The Company is not under any duty to update any of the forward-looking statements after the date of this press release or to conform such statements to actual results or to changes in the Company's expectations and the Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

Neither the 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

  • Cogitore Resources Inc.
    Mr. Brian Howlett
    President and CEO
    416-849-7773
    Cellphone: 647-227-3035
    bhowlett@cogitore.com