Acasta Enterprises Inc. Reports First Quarter 2016 Financial Results

TORONTO, April 25, 2016 /CNW/ - Acasta Enterprises Inc. (TSX: AEF.A and AEF.WT) ("the Company") is pleased to report its financial results as of March 31, 2016 and for the three months ended March 31, 2016.  The Company's unaudited condensed interim financial statements along with its management discussion and analysis have been filed on the System for Electronic Document Analysis and Retrieval ("SEDAR") and may be viewed by shareholders and interested parties under the Company's profile at www.sedar.com.

About Acasta Enterprises Inc. Acasta Enterprises Inc. is a special purpose acquisition corporation incorporated under the laws of the Province of Ontario for the purpose of effecting a qualifying acquisition.

Forward-Looking Statements
This press release may contain forward-looking information within the meaning of applicable securities legislation, which reflects the Company's current expectations regarding future events. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company's control, that could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking information. The Company does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

SOURCE Acasta Enterprises Inc.

please contact: Richard Smith, Chief Financial Officer, Acasta Enterprises Inc. at [phone]