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WAL.P

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Share Name Share Symbol Market Type
TSXV:WAL.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 -

Walmer Capital Corp. Reports Voting Results From Its Annual and Special Meeting of Shareholders

03/07/2014 8:16pm

Marketwired Canada


Walmer Capital Corp. (TSX VENTURE:WAL.P) (the "Company"), a capital pool company
as defined under Policy 2.4 - Capital Pool Companies of the TSX Venture
Exchange, is pleased to announce that each of the matters set out in the
Company's management information circular dated May 30, 2014 (the "Circular")
for the annual and special meeting of shareholders held June 30, 2014 (the
"Meeting") were approved by the requisite majority of shareholders. In
particular, the Company received shareholder approval, excluding the
shareholdings held by non-arm's length parties, to the transfer of its listing
to the NEX board of the TSX Venture Exchange (the "Exchange") to list on NEX by
August 6, 2014, or such later date as may be agreed to by the Exchange, should
the Company not be able to complete its previously announced proposed Qualifying
Transaction by that date. The Company also received shareholder approval to
cancel 1,000,000 common shares of the Company issued by the Company as seed
shares before its initial public offering should the transfer of the listing to
NEX be necessary and approval by special resolution to change the name of the
Company to "Walmer Corporation" or such other name as the Board may determine. 


Further, each of the director nominees listed in the Circular were elected as
directors of the Company. As such, James Richardson, Peter Andrews and Peter
Bloch will continue as directors of the Company and two new director nominees,
Kevin McElcheran and Aaron Hammer, have joined the Board effective June 30,
2014.


Further information regarding the matters approved at the Meeting can be found
in the Company's Circular filed on SEDAR under their SEDAR profile on June 4,
2014 at www.sedar.com. 


About Walmer Capital Corp.

Walmer Capital Corp., a capital pool company within the meaning of the policies
of the Exchange, was incorporated under the Business Corporations Act (Alberta)
on June 9, 2011 and was listed on the Exchange on May 4, 2012. The Company does
not have any operations and has no assets other than cash. The Company's
business is to identify and evaluate businesses and assets with a view to
completing a qualifying transaction under the policies of the Exchange and is in
the process of completing its Qualifying Transaction as disclosed in its press
release of May 8, 2014, on SEDAR.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Walmer Capital Corp.
Jay Richardson, Chief Executive Officer and
Chief Financial Officer and Director
Toronto Office: 416-410-JAYR (5297)
jay.richardson@sympatico.ca

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