Watusi Capital Corp. Announces Transfer to NEX and Cancellation of Certain Seed Shares
April 28 2014 - 6:24PM
Marketwired Canada
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A
VIOLATION OF U.S. SECURITIES LAWS.
Watusi Capital Corp. (the "Corporation" or "Watusi") (TSX VENTURE:WAS.P), a
capital pool company pursuant to TSX Venture Exchange (the "Exchange") Policy
2.4 - Capital Pool Companies (the "CPC Policy"), wishes to announce the transfer
of its listing to the NEX board of the Exchange (the "NEX") effective April 29,
2014.
The deadline for Watusi to complete its Qualifying Transaction (as defined in
the CPC Policy) is April 28, 2014. Prior to this date, the Corporation must
either complete its Qualifying Transaction or receive the approval of its
shareholders for the transfer of its listing to the NEX. As the Corporation has
been unable to complete a Qualifying Transaction to date, the Corporation held
its annual and special meeting of shareholders on April 22, 2014 at which time,
pursuant to the CPC Policy, it received approval to transfer its listing to the
NEX and to cancel 2,500,000 Seed Shares (as defined by the Exchange) held by
certain non-arm's length parties to Watusi.
As of April 29, 2014, the trading symbol for the Corporation will change from
"WAS.P" to "WAS.H".
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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Watusi Capital Corp.
Michael Atkinson
President, Chief Executive Officer,
Chief Financial Officer, Corporate Secretary and Director
(604) 689-1428