Wangton Capital Corp. (TSX VENTURE:WT.P) (the "Corporation"), a capital pool
company, is pleased to announce it has successfully completed its initial public
offering (the "Offering") of 7,283,500 common shares ("Common Shares") at a
price of $0.10 per share for gross proceeds of $728,350. PI Financial Corp. (the
"Agent") acted as agent for the Offering. Subsequent to the issuance of the
Common Shares pursuant to the Offering, the Corporation has 9,883,500 Common
Shares issued and outstanding. The Corporation has also granted options to
acquire an aggregate of 988,350 Common Shares, at an exercise price of $0.10 per
share, to the directors of the Corporation, which options will expire five years
from the date of grant. The Corporation paid the Agent a cash commission equal
to 10% of the gross proceeds and a corporate finance fee. In addition, the
Corporation granted the Agent compensation options to acquire in the aggregate
up to 728,350 Common Shares at an exercise price of $0.10 per share. The Agent's
compensation options will expire 24 months from the date the Corporation's
Common Shares are listed for trading on the TSX Venture Exchange (the
"Exchange"). The Exchange has accepted for listing the Corporation's Common
Shares and trading is expected to commence on December 14, 2011 under the stock
symbol WT.P.


Investors are cautioned that trading in the securities of a capital pool company
should be considered highly speculative.


Wangton Capital Corp (TSXV:WT.P)
Historical Stock Chart
Von Mai 2024 bis Jun 2024 Click Here for more Wangton Capital Corp Charts.
Wangton Capital Corp (TSXV:WT.P)
Historical Stock Chart
Von Jun 2023 bis Jun 2024 Click Here for more Wangton Capital Corp Charts.