OTTAWA, ONTARIO--(Marketwired - Oct. 30, 2013) - Stria Capital Inc. (TSX VENTURE:SRA.P) ("Stria") a Capital Pool Company ("CPC") trading on the TSX Venture Exchange (the "Exchange") under the symbol SRA.P, announces the filing on SEDAR (www.sedar.com) of its filing statement in connection with its previously announced qualifying transaction (the "Qualifying Transaction") and private placement (the "Offering"). For more information on the Qualifying Transaction and the Offering, please consult the press releases of Stria issued on April 12, 2013 and October 28, 2013.
Stria also announces that it anticipates proceeding with the closing of the Qualifying Transaction and concurrent Offering within the next three (3) months. The closing will be subject to the final approval of the Exchange.
Stria is a CPC within the meaning of the policies of the Exchange. Stria commenced operations when it completed its initial public offering on February 6, 2012; however, it presently has no assets other than cash. Since the date of listing of Stria's common shares on the Exchange, Stria has identified and evaluated several businesses and assets with a view to completing a "Qualifying Transaction" in accordance with the CPC policies of the Exchange.
Forward Looking Statements
The statements used in this press release may contain forward-looking statements, and are based on the opinions and estimates of management, or on opinions and estimates provided to, and accepted by, management. These opinions and estimates are used by management, and speak only as of the date of this press release. Forward-looking statements in this press release include, but are not limited to, the closing of the Qualifying Transaction. Forward-looking statements involve significant known and unknown risks, uncertainties and assumptions, including with respect to the closing of the Qualifying Transaction, the timing and receipt of all applicable regulatory approvals and third party consents, the anticipated benefits from the Qualifying Transaction and the satisfaction of other conditions to the completion of the Qualifying Transaction. Forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ, possibly significantly. Although Stria believes that its expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual events or results will be consistent with these forward-looking statements. Except as required by applicable law, Stria does not undertake, and specifically disclaims, any obligation to update or revise any forward-looking information, whether as a result of new information, future developments or otherwise. Readers are therefore cautioned not to place undue reliance on any forward-looking statements.
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.