Loma Vista Capital Inc.

January 27, 2015 14:04 ET

Loma Vista Capital Inc. Announces Merger Discussions

TORONTO, ONTARIO--(Marketwired - Jan. 27, 2015) - Loma Vista Capital Inc. ("Loma Vista" or the "Company") (CSE:LOV) announces that it has commenced negotiations with respect to a business combination.

A further announcement will be made on the progress of these negotiations.

About Loma Vista

Loma Vista was incorporated pursuant to the Business Corporations Act (Ontario) on June 21, 2012. Loma Vista was previously a mineral exploration business, but ceased its exploration activities and relinquished its mineral property interests on January 9, 2015. Loma Vista's current business is to identify and evaluate businesses and assets with a view to acquiring a new operating business.

CAUTIONARY STATEMENT: No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, future plans and objectives of the Company, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are the risks detailed herein and from time to time in the filings made by the Company with securities regulators including the following: (i) the Company has stopped commercial operations and has no history of profit; (ii) investment in the common shares of the Company is highly speculative given the unknown nature of the Company's business and its present stage of development; (iii) there is no assurance that the Company will find a profitable undertaking or that it can successfully conclude a purchase of such an undertaking at all or on terms which are commercially acceptable; (iv) the negotiations for the business combination may not advance, and even if they do, it may not be possible to enter into definitive documentation on satisfactory terms and close the agreement; (v) the directors and officers of the Company will only devote a portion of their time to the business and affairs of the Company and some of them are or will be engaged in other projects or businesses such that conflicts of interest may arise from time to time; (vi) there can be no assurance that an active and liquid market for the Company's common shares will develop and an investor may find it difficult to resell its common shares; and, (vii) those risks set out in the Company's public documents filed on SEDAR. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company's forward-looking statements. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Contact Information

  • Loma Vista Capital Inc.
    Joshua Crumb