Centiva Announces Voluntary Trading Halt
July 06 2011 - 1:08PM
Marketwired
Centiva Capital Inc. (TSX VENTURE: CVC) ("Centiva" or the
"Company") advises that trading in its common shares on the TSX
Venture Exchange Inc. (the "Exchange") was halted on July 5, 2011
at the request of the Company.
As previously disclosed in a press release dated June 30, 2011,
Centiva intends to complete a reorganisation by way of plan of
arrangement and a financing for gross proceeds of up to $3,500,000.
Certain other transactions are also contemplated in connection
therewith such as a name change and changes to its board of
directors. Centiva will apply to the Exchange to reinstate the
trading in its common shares as soon as possible following receipt
of conditional approval from the Exchange for this
reorganisation.
Included in this news release are matters that constitute
"forward-looking" information within the meaning of Canadian
securities law. Such forward-looking statements may be identified
by words such as "plans", "proposes", "estimates", "intends",
"expects", "believes", "may" or words of a similar nature. There
can be no assurance that such statements will prove to be accurate.
Actual results and future events could differ materially from such
statements. Factors that could cause actual results to differ
materially include among others, regulatory risks, risk inherent in
foreign operations, risk inherent in the capital markets and
competition. Most of these factors are outside the control of the
Company. All subsequent forward-looking statements attributable to
the Company or its agents are expressly qualified in their entirety
by these cautionary comments. Except as otherwise required by
applicable securities statutes or regulation, the Company expressly
disclaims any intent or obligation to update publicly
forward-looking information, whether as a result of new
information, future events or otherwise.
Contacts: Centiva Capital Inc. John D. Pennal CEO &
President (416) 956-4926
Centiva Capital Inc. (TSXV:CVC)
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