Kristina Capital Corp.

November 30, 2007 17:42 ET

Kristina Announces Private Placement

CALGARY, ALBERTA--(Marketwire - Nov. 30, 2007) - KRISTINA CAPITAL CORP. ("Kristina" or "Corporation") (TSX VENTURE:KCA.P) a Capital Pool Company, today announced that it intends to complete a private placement of up to 2,000,000 common shares in the capital of the Corporation for gross proceeds of $440,000 at a price of $0.22 per share. The proceeds of the offering, if completed, will be used by the Corporation to identify and evaluate assets or businesses for acquisition with a view to completing a "Qualifying Transaction" under the Capital Pool Company program of the TSX Venture Exchange.

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

For further information, please contact Murray K. Atkins, Chief Executive Officer of Kristina at (403) 244-3555 or Gordon D. Anderson, Chief Financial Officer of Kristina, by telephone at (403) 265-3733 ex. 235.

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

Contact Information

  • Kristina Capital Corp.
    Murray K. Atkins
    Chief Executive Officer
    (403) 244-3555
    Kristina Capital Corp.
    Gordon D. Anderson
    Chief Financial Officer
    (403) 265-3733 ex. 235