Infinity Alliance Ventures Inc.

August 15, 2008 15:19 ET

Infinity Shares Called for Trading

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 15, 2008) -

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES

Infinity Alliance Ventures Inc. (the "Company") (TSX VENTURE:TCF) is pleased to announce that it has now received final acceptance of the TSX Venture Exchange for its acquisition of all of the issued and outstanding shares of CBM Asia Development Corp. and the concurrent private placement financing of 8,167,837 units at a price of $0.60 per unit for gross proceeds of $4,900,702 as previously announced in the Company's news release of August 13, 2008.

Accordingly, the Company's shares have been called for trading effective at the opening of the market on Monday, August 18, 2008 under the new symbol TCF.

This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances.

This press release, required by applicable Canadian laws, is not for distribution to U.S. news services or for dissemination in the United States, and does not constitute an offer of the securities described herein. These securities have not been registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States or to U.S. persons unless registered or exempt therefrom.

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

Contact Information

  • Infinity Alliance Ventures Inc.
    Alan T. Charuk
    President and Director
    (604) 684-2213