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VCL.P Vistior Capital Limited Com Npv

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Share Name Share Symbol Market Type
Vistior Capital Limited Com Npv TSXV:VCL.P TSX Venture Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Vistior Capital Limited Completes Qualifying Transaction, Distribution to Shareholders and Dissolution

11/06/2009 7:18pm

Marketwired Canada


Vistior Capital Limited ("Vistior") (TSX VENTURE:VCL.P) announces the completion
of the distribution (the "Distribution") of an aggregate of 6,771,429 common
shares (the "Seafield Shares") in the capital of Seafield Resources Ltd.
("Seafield") (TSX VENTURE:SFF) to the shareholders of record of Vistior by way
of a return of capital on June 10, 2009. Pursuant to the return of capital,
shareholders of record of Vistior received 1 Seafield Share for each 0.44 of a
common share of Vistior held by them. Any Seafield Shares distributed to
shareholders of Vistior whose common shares of Vistior have been held in escrow
will also be held in escrow under the same terms and conditions as such Vistior
common shares. All Seafield Shares distributed to the shareholders of Vistior
are subject to a four month hold period.


The Distribution represents the final stage of its previously announced
Qualifying Transaction. Pursuant to the Qualifying Transaction, Vistior
completed the private placement of the Seafield Shares and subsequently
completed the Distribution.


The common shares of Vistior will remain halted pending final TSX Venture
Exchange ("TSXV") approval of the Qualifying Transaction and the issuance by the
TSXV of a Final Exchange Bulletin. Upon final approval, Vistior will be delisted
and dissolved and all outstanding equity rights in Vistior will be cancelled.


Additional details regarding the Qualifying Transaction, Distribution and the
dissolution are available in the management information circular of Vistior
dated April 9, 2009, a copy of which is available on SEDAR at www.sedar.com.


This press release contains "forward looking information" (as defined in
applicable Canadian securities legislation) that is based on expectations,
estimates and projections as of the date of this press release. Without
limitation, statements regarding potential mineralization and resources,
exploration results, and future plans and objectives of the Company is forward
looking information that involve various degrees of risk. The following are
important factors that could cause the Company's actual results to differ
materially from those expressed or implied by such forward looking information:
changes in the world wide price of commodities, general market conditions, risks
inherent in exploration, risks associated with development, construction and
mining operations, the uncertainty of future profitability and the uncertainty
of access to additional capital. The Company relies on litigation protection for
forward looking information.


1 Year Vistior Capital Limited Com Npv Chart

1 Year Vistior Capital Limited Com Npv Chart

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1 Month Vistior Capital Limited Com Npv Chart