Nebo Capital Corp.
TSX VENTURE : NBO.P

May 06, 2013 09:56 ET

Nebo Capital Corp. Announces Appointment of New Director and Grant of Options

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 6, 2013) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Nebo Capital Corp. (the "Corporation") (TSX VENTURE:NBO.P) is pleased to announce that K. Peter Miller has been appointed to the Board of the Corporation to replace A. Murray Sinclair, who has tendered his resignation from the Board. Mr. Sinclair will continue his association with the Corporation as the Corporate Secretary of the Corporation.

Mr. Miller is a Chartered Accountant and he is currently the Chief Financial Officer of Ionic Management Corp., a private management company. He has also been a director and/or chief financial officer of numerous public companies, including the following capital pool companies: Arapaho Capital Corp., Navan Capital Corp., Hatton Capital Corp., Iron Springs Capital Corp., and Marchwell Capital Corp., which all previously completed qualifying transactions pursuant to the policies of the TSX Venture Exchange.

In connection with his appointment, Mr. Miller has also been granted an option to purchase 50,000 shares of the Corporation at the exercise price of $0.20 each expiring on April 29, 2018. These options are granted pursuant to the Corporation's stock option plan.

The Corporation is incorporated under the provisions of the Business Corporations Act (Alberta) and has a registered office in Calgary, Alberta. The Corporation is a "capital pool company" under the policies of the TSX Venture Exchange.

Cautionary Statements

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Nebo Capital Corp.
    Neil Halldorson
    President, Chief Executive Officer, Chief Financial Officer
    (604) 689-1428