Input Capital Corp. Announces the Full Exercise of Over-Allotment Option and the Private Placement Option Issued in Connection with its Recent Financings

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REGINA, Oct. 25, 2013 /CNW/ - Input Capital Corp. ("Input") (TSX Venture Exchange: INP) is pleased to announce today the closing of the over-allotment option (the "Over-Allotment Option") granted in connection with its previously announced bought deal public offering (the "Public Offering") of Class A common voting shares of Input ("Common Shares").  Pursuant to the Public Offering, a syndicate of underwriters led by GMP Securities L.P. and including Beacon Securities Limited, National Bank Financial Inc., Acumen Capital Financial Partners Limited, AltaCorp Capital Inc. and Cormark Securities Inc. (the "Underwriters") have exercised in full their Over-Allotment Option to purchase an additional 1,746,608 Common Shares at a price of $1.60 per Common Share for additional gross proceeds to Input of $2,794,572.80.

Input is also pleased to announce today the closing of the option (the "Private Placement Option") granted in connection with its recently completed private placement (the "Private Placement") of Common Shares with two wholly-owned subsidiaries of Catlin Group Limited (the "Strategic Investors"). The Strategic Investors have exercised in full its Private Placement Option to purchase an additional 436,441 Common Shares at a price of $1.60 per Common Share in order to maintain ownership of approximately 19.99% of the issued and outstanding Common Shares. Input received additional gross proceeds of $698,305.60 from the exercise of the Private Placement Option.  The Underwriters acted as advisors to Input in connection with the exercise of the Private Placement Option.

The aggregate gross proceeds of the Public Offering and the Private Placement, including the exercises of the Over-Allotment Option and the Private Placement Option, are $41,002,779.20.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.

ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933 (THE "1933 ACT") AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT.

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About Input

Input is an agriculture commodity streaming company with a focus on canola, the largest and most profitable crop in Canadian agriculture. Input enters into canola streaming contracts with canola farmers in western Canada.  Pursuant to the streaming contract, Input purchases a fixed portion of the canola produced, at a fixed price, for the duration of the term of the contract.  Input is a non-operating farming company with a portfolio of ten canola streams, all of which produce canola and revenue for Input in the year the agreement is signed. Input plans to grow and diversify its low cost canola production profile through entering into additional canola streaming contracts with farmers across western Canada.

Input is focused on farmers with quality production profiles, excellent upside yield potential, and strong management teams. Input has completed canola streaming contracts in Northern Alberta, Western Saskatchewan and throughout East Central Saskatchewan.

Forward Looking Statements

This may release include forward-looking statements regarding Input and its business. Such statements are based on the current expectations and views of future events of Input's management. In some cases the forward-looking statements can be identified by words or phrases such as "may", "will", "expect", "plan", "anticipate", "intend", "potential", "estimate", "believe" or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of known and unknown risk factors and uncertainties affecting Input, including risks regarding the agricultural industry, economic factors and the equity markets generally and many other factors beyond the control of Input. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and Input undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

SOURCE: Input Capital Corp.

Doug Emsley
Chairman, President and Chief Executive Officer
306.347.1024
[email protected]