DRM Ventures Inc.

August 04, 2011 20:05 ET

DRM Ventures Inc. Announces Shareholder Meeting

TORONTO, ONTARIO--(Marketwire - Aug. 4, 2011) - DRM Ventures Inc. (TSX VENTURE:DRM.P) ("DRM"), a capital pool company listed on the TSX Venture Exchange (the "Exchange") under the symbol "DRM.P" is announcing its plan to have a meeting of the DRM shareholders to approve the Qualifying Transaction (the "QT") that was announced on July 11th, 2011. The meeting is scheduled to take place on September 21, 2011. Materials, including an information circular describing the QT and a form of proxy, will be mailed to shareholders of record prior to the meeting date.

About DRM

DRM, a capital pool company within the meaning of the policies of the Exchange, was incorporated August 24, 2009 and was listed on the Exchange on December 14, 2009. DRM does not have any operations and has no assets other than cash. DRM's business is to identify and evaluate businesses and assets with a view to completing a "qualifying transaction" under the policies of the Exchange.

The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Although DRM believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward looking statements will prove to be correct. Except as required by law, DRM disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.

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.

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