Corporate Catalyst Acquisition Inc.

October 01, 2015 12:42 ET

Corporate Catalyst Announces Transfer to NEX and Cancellation of Certain Seed Shares

TORONTO, ONTARIO--(Marketwired - Oct. 1, 2015) - Corporate Catalyst Acquisition Inc. ("CCA" or the "Company") (trading symbol "CII.P"), a capital pool company pursuant to TSX Venture Exchange (the "Exchange") Policy 2.4 - Capital Pool Companies (the "CPC Policy"), announces that it applied for the transfer of its listing to the NEX Board of the Exchange (the "NEX") which the Exchange has accepted. The Exchange has advised that soon after the dissemination of this news release that an Exchange bulletin will be issued.

The deadline for CCA to complete its Qualifying Transaction (as defined in the CPC Policy) is October 1, 2015. Prior to this date, the Company must either complete its Qualifying Transaction or receive the approval of its shareholders for the transfer of its listing to the NEX. At its annual and special meeting of shareholders held on December 16, 2014, the Company received shareholder approval to transfer its listing to the NEX and to cancel an aggregate of 2,450,000 Seed Shares (as defined by the policies of the Exchange) held by non-arm's length parties of CCA which have been cancelled in accordance with Exchange policies.

The trading symbol for the Company will change from "CII.P" to "CII.H".

The Company will continue to actively seek out opportunities to complete its Qualifying Transaction in the best interest of all shareholders.

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 press release.

Contact Information

  • Paul Kelly
    Chief Executive Officer and Chief Financial Officer
    416-802-6636