Moonshoot Capital Corp.

March 28, 2006 15:03 ET

Moonshoot Capital Corp. Announces Loan to CEMATRIX 'Canada' Inc.

CALGARY, ALBERTA--(CCNMatthews - March 28, 2006) - Moonshoot Capital Corp. (TSX VENTURE:CVX) (the "Corporation") is pleased to announce that it intends to loan the amount of $150,000 (the "Loan") to CEMATRIX (Canada) Inc. ("CEMATRIX") as permitted under the policies of the TSX Venture Exchange Inc. (the "Exchange") in connection with the Corporation's Qualifying Transaction, whereby the Corporation has agreed to acquire all of the issued and outstanding common shares of CEMATRIX, as previously disclosed in the news release of the Corporation dated November 3, 2005.

The Loan is subject to prior Exchange approval and is intended to be non-interest bearing and secured by a general security agreement on the assets of CEMATRIX. The Corporation previously advanced to CEMATRIX the amount of $25,000 in February, 2006.

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

Contact Information

  • Moonshoot Capital Corp.
    Jeffrey N. Kendrick
    President, Chief Financial Officer and Secretary
    (403) 219-0484