Savary Capital Corp.

March 30, 2011 15:58 ET

Savary to Be Reinstated to Trading

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 30, 2011) - Savary Capital Corp. (the "Company" or "Savary") (TSX VENTURE:SCA.H) announces that trading in the securities of the Company will be reinstated at the open of the market on Thursday, March 31, 2011.

On March 28, 2011, the Company appointed a new board of directors and senior officers, and completed a $750,000 financing. The Company now intends to investigate new business opportunities, focusing in the resource sector, with a view to completing a qualifying transaction and graduating back to the main board of the TSX Venture Exchange.

This news release includes forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements.

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

  • Savary Capital Corp.
    Scott Ackerman
    Director and CEO
    (778) 331-8505