Fuller Capital Corp.

August 03, 2011 12:31 ET

Fuller Capital Corp. Announces Termination of Proposed Qualifying Transaction With Axmin Inc. and Nimini Gold Holdings Corp.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 3, 2011) - Fuller Capital Corp. (TSX VENTURE:FUL.P) (the "Company") announces that the Company, AXMIN Inc. ("Axmin") and Nimini Gold Holdings Corp. ("Nimini"), a wholly-owned subsdiary of Axmin, have terminated the amalgamation agreement (the "Amalgamation Agreement") that the Company announced on June 10, 2011. Pursuant to the terms of the Amalgamation Agreement, Aximin and Nimini must pay the Company $200,000 within fifteen business days of the date of the termination of the Amalgamation Agreement.

The Company anticipates applying to the TSX Venture Exchange (the "TSXV") to resume trading of its common shares. The Company cannot guarantee that it will resume trading on the TSXV or that its application will be completed in a timely manner. The Company will resume seeking out a new Qualifying Transaction as a Capital Pool Company (as those term are defined under the policies of the TSXV).

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.

Contact Information

  • Fuller Capital Corp.
    David Patterson
    (604) 684-0561
    (604) 602-9311 (FAX)