Echelon Capital Corporation

July 27, 2009 14:05 ET

Echelon Capital Corporation Announces Extension of Qualifying Transaction Deadline Date

TORONTO, ONTARIO--(Marketwire - July 27, 2009) - Echelon Capital Corporation (the "Corporation") (TSX VENTURE:ECO.P), a capital pool company, announced today that, in accordance with the extended temporary relief measures announced by the TSX Venture Exchange on March 6, 2009, the Corporation has applied for and received a six-month extension for the completion of its Qualifying Transaction. The new deadline date for the completion of the Corporation's Qualifying Transaction is March 18, 2010. The Corporation is continuing to review assets and businesses with a view to completing a suitable Qualifying Transaction however, there can be no assurance that a transaction will be completed by the new deadline date or at all.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Echelon Capital Corporation
    John Eckert
    President, Chief Executive Officer
    and Chief Financial Officer
    (416) 363-2000