C2C Industrial Properties Inc. Announces the Exercise Price of Warrants in connection with the Private Placement

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TORONTO, Jan. 31, 2012 /CNW/ - C2C Industrial Properties Inc. (the "Company" or "C2C") (CCH: TSX-V) today announced that, in connection with its previous announcement dated January 30, 2012 concerning the acquisition by its wholly-named subsidiary, C2C Industrial Properties Ltd., of a portfolio of income producing industrial properties located in the Greater Toronto Area and a related private placement of units, the Company has fixed the exercise price of the warrants forming a part of the units at $0.20 per share.

The private placement will consist of a unit offering in the aggregate amount of $9,000,000 consisting of shares and warrants.  Each unit will have a subscription price of $0.17 and consist of one common share and a fraction of a share purchase warrant.  Each whole warrant will entitle the holder to purchase one common share of C2C for a term of three years at an exercise price of $0.20 per share.

About C2C Industrial Properties Inc.

C2C is a real property investment company, which recently completed its Qualifying Transaction on the TSX Venture Exchange. C2C's principal objective is to become a real estate investment corporation specializing in acquisition, ownership and the operation of industrial properties across Canada. More information about C2C (CCH: TSX-V) is available at www.sedar.com.

Forward Looking Statements

This document contains forward-looking statements relating to C2C and the environment in which it operates and its strategy, action plans and investments, which may involve estimates, forecasts and projections. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict and/or are beyond C2C's control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. These factors include those set forth in this press release and other public filings. Consequently, readers should not place any undue reliance on such forward-looking statements. These forward-looking statements are made as of the date of this press release. C2C is under no obligation to update any forward-looking statements contained herein should material facts change due to new information, future events or other factors. All forward-looking statements attributable to C2C are expressly qualified by these cautionary statements.

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.

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 press release.

C2C Industrial Properties Inc.
Christopher Ross
President
[phone]
[email protected]