Quantum International Income Corp.
TSX VENTURE : QIC.U
TSX VENTURE : QIC

Quantum International Income Corp.

October 17, 2014 09:32 ET

Quantum International Income Corp. Commences Trading Under Canadian Dollar Listing

TORONTO, ONTARIO--(Marketwired - Oct. 17, 2014) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRES OR DISSEMINATION IN THE UNITED STATES

Quantum International Income Corp. ("QIIC" or the "Company") (TSX VENTURE:QIC.U)(TSX VENTURE:QIC) is pleased to announce that the TSX Venture Exchange ("TSXV") has agreed to list QIIC's common shares ("Common Shares") for trading in both U.S. dollars and Canadian dollars.

Effective October 17, 2014, trading in Common Shares will commence on the TSXV in Canadian dollars under the symbol "QIC". The Common Shares will continue to trade in U.S. dollars under the symbol "QIC.U". Any future dividends declared by the Company on the Common Shares are expected to be paid in U.S. dollars for both the QIC and QIC.U listings.

The Common Shares trading under the symbol QIC will have the same CUSIP number as the Common Shares trading under the symbol QIC.U. Accordingly, the number of issued and outstanding Common Shares will not change.

Holders of Common Shares should consult their financial advisors for more information regarding the dual currency listing.

About QIIC

QIIC seeks to acquire operating businesses with a proven track record, an opportunity for growth and whose management wishes to continue to operate the business going forward. The Company's acquisition approach will be to grow through the acquisition of "platform" businesses that are consistent with its business strategy, investment policy and acquisition criteria and then to continue to build revenues and earnings within these businesses. Potential acquisition targets may be private or public companies in a variety of industries, thereby allowing for diversification. Value will be created by seeking out high growth, high margin opportunities where the acquired businesses can maintain and develop the deep knowledge, expertise and understanding of their customers' needs required to deliver superior service and command higher pricing and margins than the competition.

Cautionary Note Regarding Forward-Looking Statements

Certain statements contained in this press release constitute forward-looking statements and forward-looking information (collectively, "Forward-Looking Statements") and QIIC cautions investors about important factors that could cause QIIC's actual results to differ materially from those expressed, implied or projected in any Forward-Looking Statements included in this press release. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as "will likely result", "are expected to", "expects", "will continue", "is anticipated", "anticipates", "may", "could", "believes", "estimates", "intends", "plans", "forecast", "projection" and "outlook") are not historical facts and may be Forward-Looking Statements that involve projections, estimates, assumptions, known and unknown risks and uncertainties which could cause actual results or outcomes to differ materially from those expressed in such Forward-Looking Statements or otherwise materially inaccurate. No assurance can be given that these expectations or assumptions will prove to be correct and such Forward-Looking Statements included in this press release should not be unduly relied upon. These Forward-Looking Statements speak only as of management's beliefs and expectations as of the date of this press release. In addition, this press release may contain Forward-Looking Statements drawn from or attributed to third party sources. Accordingly, any such statements are qualified in their entirety by reference to the information discussed throughout this press release.

Unless otherwise specified in this press release, information contained in this press release is current as of the date of this press release. Unless otherwise specified, all dollar amounts herein refer to Canadian dollars. Additional information on these and other factors that could affect the operations or financial results of QIIC and its subsidiaries are included in disclosure documents filed by QIIC with the securities regulatory authorities, available under QIIC's profile on SEDAR at www.sedar.com.

Neither 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

  • Quantum International Income Corp.
    Grant White
    Chief Executive Officer
    416.477.3410

    Quantum International Income Corp.
    Manu K. Sekhri
    President
    416.477.3424