/NOT FOR DISTRIBUTION TO UNITED
STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/
KELOWNA, BC,
Dec. 27, 2013 /CNW/ - TrinCan Capital
Corp. ("TrinCan") (TSXV: TRN) is pleased to announce that
24,217,500 common shares ("Markinch Shares") of Markinch
Resources Inc. ("Markinch"), representing approximately
94.11% of the issued and outstanding Markinch Shares, have been
tendered pursuant to TrinCan's offer to purchase (the
"Offer") all of the issued and outstanding Markinch
Shares. TrinCan has directed the depositary, Olympia Trust
Company (the "Depositary"), to take up and pay for the
Markinch Shares deposited under the Offer and not withdrawn as at
5:00 p.m. (Calgary time) on December 27, 2013. Under the Offer, holders
of Markinch Shares are entitled to receive 2.5 common shares of
TrinCan for each Markinch Share tendered to the Offer.
As the Offer was accepted by holders of greater
than 90% of the outstanding Markinch Shares, TrinCan will take
steps to acquire the remainder of the Markinch Shares pursuant to
the compulsory acquisition provisions contained in the Business
Corporations Act (Alberta).
Concurrent with TrinCan's take up of Markinch
Shares, Colin Bowdidge, Ph.D., P.Geo
has been appointed to TrinCan's board of directors and made
President. Burkhard Franz remains
TrinCan's Chief Executive Officer.
Neither the TSX Venture Exchange nor its
Regulation Service Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
No stock exchange, securities commission or
other regulatory authority has approved nor disapproved the
information contained herein.
SOURCE TrinCan Capital Corp.