Wangton Capital Corp.
TSX VENTURE : WT.H

February 09, 2015 15:40 ET

Wangton Capital Corp. Announces Closing of Non-Brokered Private Placement

CALGARY, ALBERTA--(Marketwired - Feb. 9, 2015) - Wangton Capital Corp. (the "Corporation") (TSX VENTURE:WT.H) announces further to its press release of January 6, 2015, that the Corporation has closed its non-brokered private placement of 2,000,000 Common Shares at a price of $0.075 per Common Share to raise gross proceeds of up to $150,000. In addition, 200,000 Common Shares have been issued as a finder's fee. All Common Shares issued will be subject to a four month hold period and accordingly restricted from trading until June 7, 2015.

The net proceeds of the private placement will be used by the Corporation for general working capital.

The offering is subject to all necessary corporate and regulatory approvals.

About Wangton Capital Corp.

The Corporation is a Capital Pool Corporation under the policies of the TSX Venture Exchange whose principal business is the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction. The Corporation has not commenced commercial operations and has no assets other than a minimum amount of cash.

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

  • Wangton Capital Corp.
    Zahir (Zip) Dhanani
    President and Chief Executive Officer
    (604) 290-4331