Wildlaw Capital CPC 2 Inc. Files Filing Statement Regarding Qualifying Transaction With AcuityAds Inc.


TORONTO, ONTARIO--(Marketwired - July 11, 2014) - Wildlaw Capital CPC 2 Inc. ("Wildlaw CPC 2") (TSX VENTURE:WLD.P), a capital pool company, and AcuityAds Inc. ("Acuity"), a provider of proprietary targeted digital advertising, are pleased to announce that they have received conditional approval from the TSX Venture Exchange (the "TSXV") for Wildlaw CPC 2's previously announced qualifying transaction (the "Qualifying Transaction"), subject to fulfilling all of the requirements of the TSXV.

Pursuant to the Qualifying Transaction, Wildlaw CPC 2 and Acuity will complete a "three-cornered" amalgamation under the provisions of the Business Corporations Act (Ontario), pursuant to which Acuity will amalgamate with a wholly-owned subsidiary of Wildlaw CPC 2.

In connection with the Qualifying Transaction, the common shares of Acuity will be converted into common shares of Wildlaw CPC 2 following the Qualifying Transaction (the "Resulting Issuer"). Upon completion of the proposed Qualifying Transaction, the Resulting Issuer is expected to meet all of the minimum listing requirements for a Tier 1 Technology Issuer.

For further information, please see the Wildlaw CPC 2 filing statement (the "Filing Statement"), which was filed today and is available on SEDAR. Closing of the Qualifying Transaction is expected to occur on or about July 15, 2014, or such other date as Wildlaw CPC 2 and Acuity may determine. The completion of the Qualifying Transaction is subject to a number of conditions, including but not limited to receipt of all required regulatory and third party consents, including final TSXV acceptance, and satisfaction of other customary closing conditions. Trading in the common shares of Wildlaw CPC 2 will remain halted pending final approval of the TSXV.

About Wildlaw CPC 2

Wildlaw CPC 2 is a capital pool company ("CPC") formed under the TSXV CPC program.

About Acuity

Acuity is a technology company that has developed a programmatic marketing platform powered by proprietary machine learning technology that allows advertisers to target and connect intelligently with their audiences across online display, video, social and mobile campaigns. With operations in New York, Toronto, Los Angeles, Montreal and Texas, Acuity's customers include both large Fortune 500 enterprises and small to mid-sized businesses.

Completion of the Qualifying Transaction is subject to a number of conditions, including but not limited to, TSXV acceptance. There can be no assurance that the Qualifying Transaction will be completed as proposed or at all.

All information in this press release concerning Acuity has been provided for inclusion herein by Acuity. Although Wildlaw CPC 2 has no knowledge that would indicate that any information contained herein concerning Acuity is untrue or incomplete, Wildlaw CPC 2 assumes no responsibility for the accuracy or completeness of any such information.

Investors are cautioned that, except as disclosed in the Filing Statement, any information released or received with respect to the Qualifying Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a CPC should be considered highly speculative.

Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Certain information in this press release may constitute forward-looking information, including without limitation the completion of the Qualifying Transaction, as well receipt of all necessary approvals in connection therewith. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. Wildlaw CPC 2 assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to Wildlaw CPC 2. Additional information identifying risks and uncertainties is contained in the Wildlaw CPC 2's filings with the Canadian securities regulators, which filings are available at www.sedar.com.

Contact Information:

Wildlaw Capital CPC 2 Inc.
Peter Schriber
Chief Executive Officer
(604) 341-3371

AcuityAds Inc.
Cathy Steiner
Chief Financial Officer
(416) 218-9888 x305
cathy.steiner@acuityads.com