Courtland Capital Inc.

November 05, 2013 18:27 ET

Courtland Capital Inc. Announces Reinstatement to Trading on NEX

CALGARY, ALBERTA--(Marketwired - Nov. 5, 2013) - Courtland Capital Inc. (TSX VENTURE:CTD.H) (the "Corporation") announces that it has been advised by the TSX Venture Exchange (the "Exchange") that trading in the Corporation's common shares are scheduled to commence trading on NEX under the symbol CTD.H at the opening of trading on November 6, 2013.

As previously announced in a news release dated July 18, 2013, the Corporation has successfully completed its application for revocation of its cease trade orders issued by the Alberta Securities Commission (the "ASC") and the British Columbia Securities Commission.

As part of the process of bringing the Corporation into good standing, the annual meeting of the shareholders was held on October 30, 2013 in accordance with the terms of the order revoking the cease trade order issued by the ASC. Shareholders at this meeting approved the election of Rick Grass, Gene Maher and Kris Norman as directors, the appointment of the auditor and the approval of the stock option plan. Rick Grass was appointed the President, Chief Executive Officer and Chief Financial Officer of the Corporation. All of the directors were appointed to the Audit Committee, which is the sole constituted committee of the Board.

The Corporation has no active operations or business following the disposition of its wholly owned subsidiary, ForceLogix Inc. in February, 2011. As the Corporation previously announced in a news release dated October 28, 2013, a secured loan is being provided in connection with negotiations with Fixed Income Solutions, LLC, a private U.S. entity that develops and provides financial services technology in the U.S. market, as a part of the Corporation's current efforts to seek opportunities to acquire assets or a business so that it can meet the minimum listing requirements of the Exchange and reactivate its listing on the Exchange.

"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. This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Such information is subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking information. Readers are cautioned not to place undue reliance on forward-looking information, as no assurances can be given as to future results, levels of activity or achievements.

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