Schwabo Capital Corporation

March 19, 2008 16:34 ET

Schwabo Capital Corporation Announces Completion of Initial Public Offering

CALGARY, ALBERTA--(Marketwire - March 19, 2008) - Schwabo Capital Corporation ("Schwabo") is pleased to announce that it has successfully completed its initial public offering through Canaccord Capital Corporation of 1,500,000 common shares at a price of $0.15 per share for aggregate gross proceeds of $225,000. Schwabo has received conditional listing approval for its common shares on the TSX Venture Exchange and expects that trading will commence soon under the symbol, "SBO".

Schwabo is a capital pool company governed by the policies of the TSX Venture Exchange. Schwabo's principal business is the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction.

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

Contact Information

  • Schwabo Capital Corporation
    Raymond Savoie
    (514) 875-9034
    Schwabo Capital Corporation
    115 Ch. Cote Ste-Catherine, app. 808
    Outremont, Quebec, H2V 4R3