YOW Capital Corp.

August 13, 2009 17:06 ET

YOW Capital Corp. Files Final Prospectus

OTTAWA, ONTARIO--(Marketwire - Aug. 13, 2009) - YOW Capital Corp. ("YOW") (TSX VENTURE:YOW.P) is pleased to announce that it has filed its final prospectus, dated August 11, 2009 with the securities regulatory authorities in each of the Provinces of British Columbia, Alberta and Ontario. The prospectus is available under the Company's profile at www.sedar.com.

The prospectus is being filed in connection with the public offering of units of the Company for gross proceeds of up to $1,200,000. The offering constitutes the concurrent financing for the Company's previously announced "Qualifying Transaction" (as defined by the policies of TSX Venture Exchange ("TSXV")) involving the acquisition of all of the issued and outstanding shares of 1618245 Ontario Ltd.

As consented to by TSXV, the prospectus will serve as the required comprehensive disclosure document under TSXV policies in respect of the Qualifying Transaction. A separate filing statement in respect of the Qualifying Transaction will not be required.

The closing date for the Qualifying Transaction and prospectus offering is tentatively scheduled for August 31, 2009.

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

Investors are cautioned that, except as disclosed in the prospectus being prepared in connection with the Qualifying Transaction, 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 capital pool company should be considered highly speculative.

The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Transaction and has neither approved nor disapproved the contents of this press release. 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

  • YOW Capital Corp.
    Mr. Paul Barbeau
    (613) 232-1567
    (613) 232-1658 (FAX)