Luca Capital Inc.

November 01, 2005 18:09 ET

Luca Capital Inc. Completes Initial Public Offering

CALGARY, ALBERTA--(CCNMatthews - Nov. 1, 2005) - Luca Capital Inc. ("Luca") is pleased to announce that it has completed its initial public offering as a capital pool company ("CPC").

Luca completed an initial public offering to purchasers in Alberta, British Columbia and Ontario of 2,000,000 common shares at a price of $0.15 per share for gross proceeds to Luca of $300,000. Blackmont Capital Inc., and its selling group members, acted as agent in respect of the offering and received a cash commission, as well as 200,000 Agent's options exercisable at a price of $0.15 per share for a period of 18 months from the date of listing.

The Corporation anticipates that common shares of Luca will commence trading on the TSX Venture Exchange by November 7, 2005. The shares will trade under the stock symbol "LCI.P".

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

Contact Information

  • Luca Capital Inc.
    Danny Dalla-Longa
    President, Chief Executive Officer, Chief Financial Officer,
    Secretary and a Director
    (403) 680-0644