CT Developers Ltd.

November 21, 2011 18:25 ET

CT Developers Ltd. Announces its Listing on the TSX Venture Exchange

TORONTO, ONTARIO--(Marketwire - Nov. 21, 2011) - CT Developers Ltd. (TSX VENTURE:DEV.P) ("CT" or the "Corporation") is pleased to announce that, after the previously announced completion of its initial public offering of 3,000,000 common shares, its common shares will be listed on the TSX Venture Exchange ("TSX-V") and will commence trading at the opening November 23, 2011. The common shares of the Corporation will trade under the symbol DEV.P.

CT is a Capital Pool Company as defined in Policy 2.4 ("Policy 2.4") of the TSX-V and is, therefore, subject to and governed by the restrictions of Policy 2.4.

CT's present intention is to identify and evaluate businesses and assets with a view to completing a Qualifying Transaction pursuant to Policy 2.4. CT does not own any assets, other than cash, and has not entered into an "Agreement in Principle" as such phrase is defined in Policy 2.4.

Certain information in this press release may contain forward-looking statements. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Corporation assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements unless and until required by securities laws applicable to the Corporation. Additional information identifying risks and uncertainties is contained in the Corporation's filings with the Canadian securities regulators, which filings are available at www.sedar.com.

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

  • CT Developers Ltd.
    Norman Eyolfson
    CEO and Director
    (416) 604 7620