CAPITAL PRO-ÉGAUX INC. IN DISCUSSION FOR A POTENTIAL REVERSE TAKE-OVER
/NOT FOR DISTRIBUTION INTO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/
LACHENAIE, QC, Sept. 2 /CNW Telbec/ - Capital Pro-Égaux Inc. (the "Company") (TSX Venture: CPE) announces that it has signed a letter of interest and is in discussion with an undisclosed arm's length party in connection with the potential acquisition of a new business that, if completed, would result in a reverse take-over of the Company.
The Company will provide more information on the transaction as discussions progress. There can be no assurance that discussions will lead to any agreement or transaction.
Trading of the Company's common shares on the Exchange is expected to remain halted until a detailed announcement is made with respect to a transaction in compliance with the requirements of the Exchange and such transaction is accepted by or satisfactory documentation has been filed with the Exchange pursuant to Exchange requirements.
There can be no assurance that any agreement will be entered into in respect of a transaction or that a transaction will be completed as proposed or at all. Investors are cautioned that, except as disclosed in a management information circular and/or filing statement to be prepared in connection with a transaction, any information released or received with respect to a transaction may not be accurate or complete and should not be relied upon. Trading in the securities of the Company should be considered highly speculative.
The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.
About Capital Pro-Égaux Inc.
Capital Pro-Égaux Inc., through its wholly owned subsidiary Technique d'usinage Sinlab Inc., is a company based in Lachenaie, Quebec specializing mainly in the conception and design of titanium products to be used in the dental prosthesis restoration industry.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information:
Capital Pro-Égaux Inc.
Pierre Désormeau
President
Tel.: (514) 616-0612
Fax: (450) 226-1923
[email protected]
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