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WLD.P

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0.00 (0.00%)
Share Name Share Symbol Market Type
TSXV:WLD.P TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Wildlaw Capital CPC 2 Inc. Completes Initial Public Offering

20/07/2012 2:34pm

Marketwired Canada


NOT FOR DISSEMINATION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES


Wildlaw Capital CPC 2 Inc. (TSX VENTURE:WLD.P) (the "Corporation") is pleased to
announce that it has completed an initial public offering in British Columbia,
Alberta, and Ontario of 2,000,000 common shares (the "Shares"), at a price of
$0.10 per share, for aggregate gross proceeds of $200,000 (the "Offering").
Following the closing of the Offering, a total of 4,000,000 common shares of the
Corporation are issued and outstanding, of which 2,000,000 common shares are
held in escrow pursuant to the policies of the TSX Venture Exchange. 


The net proceeds of the Offering, together with the proceeds from prior sales of
common shares, will be used by the Corporation to identify and evaluate assets
or businesses for acquisition with a view to completing a "Qualifying
Transaction" under the capital pool company program of the TSX Venture Exchange.



Macquarie Private Wealth Inc. (the "Agent") acted as agent for the Offering. In
connection with the Offering, the Corporation granted to the Agent
non-transferable options to acquire up to an aggregate of 200,000 common shares
of the Corporation. Each Agent's option is exercisable to acquire one common
share at a price of $0.10 until July 20, 2014. In connection with the Offering,
the Agent also received a cash commission equal to 10% of the aggregate gross
proceeds of the Offering and a corporate finance fee. 


The directors and officers of the Corporation are as follows: Peter Schriber,
Chief Executive Officer, Chief Financial Officer, Secretary and Director; Perry
Dellelce, Director; and Peter Lacey, Director. 


Following the closing of the Offering, the Corporation granted stock options to
the directors and officers of the Corporation exercisable to acquire up to an
aggregate of 400,000 common shares of the Corporation. Each option is
exercisable to acquire one common share at a price of $0.10 until July 20, 2022.



The Shares have been listed on the TSX Venture Exchange trading under the stock
symbol WLD.P. 


The Corporation is a capital pool company ("CPC") that has not commenced
commercial operations and has no assets other than cash. Except as specifically
contemplated in the CPC policy, until the completion of the qualifying
transaction, the Corporation will not carry on business, other than the
identification and evaluation of companies, business or assets with a view to
completing a proposed qualifying transaction. 


For further information please see the Amended and Restated Prospectus of the
Corporation dated June 4, 2012 filed on SEDAR under the profile of the
Corporation. 


This news release includes forward-looking statements that involve a number of
risks and uncertainties. The information reflects numerous assumptions as to
industry performance, general business and economic conditions, regulatory and
legal requirements, taxes and other matters, many of which are beyond the
control of the company. Similarly, this information assumes certain future
business decisions that are subject to change. There can be no assurance that
the results predicted here will be realized. Actual results may vary from those
represented, and those variations may be material. 


This news release does not constitute an offer to sell or a solicitation of an
offer to sell any securities in the United States. The securities have not been
and will not be registered under the United States Securities Act of 1933, as
amended (the "U.S. Securities Act") or any state securities laws and may not be
offered or sold within the United States or to U.S. Persons unless registered
under the U.S. Securities Act and applicable state securities laws or an
exemption from such registration is available.


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