Damon Capital Transfers to NEX
March 24 2014 - 3:56PM
Marketwired
Damon Capital Transfers to NEX
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 24, 2014) -
Damon Capital Corp. (the "Company") (TSX-VENTURE:DAM.P) announces
that, in accordance with the policies of the TSX Venture Exchange
(the "Exchange"), the Company has not completed its qualifying
transaction and applied for a transfer to NEX which the Exchange
has accepted. The Exchange has advised that soon after this news
release is disseminated that the Company's listing will transfer to
NEX with the issuance of an Exchange bulletin and the Company's
Tier classification will change from Tier 2 to NEX and remain
suspended under the symbol of DAM.H. In connection with the
transfer to NEX, the Company has cancelled its escrow shares issued
to four non-arm's length parties in the aggregate amount of
1,000,000 common shares, resulting in 5,987,3000 shares issued and
outstanding following the cancellation.
On behalf of the Board of Damon Capital Corp.
Joe Charland, Chief Executive Officer
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.
This news release includes forward looking statements that
are subject to assumptions, risks and uncertainties. Statements in
this news release which are not purely historical are forward
looking statements, including without limitation any statements
concerning the Company's intentions, plans, estimates, expectations
or beliefs regarding the future. Although the Company believes that
any forward looking statements in this news release are reasonable,
there can be no assurance that any such forward looking statements
will prove to be accurate. The Company cautions readers that all
forward looking statements, including without limitation those
relating to the Company's future operations and business prospects,
are based on assumptions none of which can be assured, and are
subject to certain risks and uncertainties that could cause actual
events or results to differ materially from those indicated in the
forward looking statements. Readers are advised to rely on their
own evaluation of such risks and uncertainties and should not place
undue reliance on forward looking statements.
Any forward looking statements are made as of the date of
this news release, and the Company assumes no obligation to update
the forward looking statements, or to update the reasons why actual
events or results could or do differ from those projected in the
forward looking statements. Unless otherwise required by law, the
Company assumes no obligation to update any forward looking
statements, whether as a result of new information, future events
or otherwise.
Damon Capital Corp.Joe CharlandCEO(604) 336-8629(604)
718-2708
Damon Capital Corp (TSXV:DAM.P)
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