JJR VI Acquisition Corp. ANNOUNCES RESULTS OF SHAREHOLDER MEETING

/NOT FOR DISTRIBUTION IN THE UNITED STATES OR THROUGH UNITED STATES WIRE SERVICES/

TSX VENTURE EXCHANGE: JVI.P

TORONTO, Dec. 17 /CNW/ - JJR VI Acquisition Corp. ("JJR VI") announces that in connection with the previously announced transaction whereby JJR VI would acquire all of the issued and outstanding shares of American Insurance Acquisition Inc., a wholly-owned subsidiary of Kingsway Financial Services Inc. (the "Qualifying Transaction"), that it has received shareholder approval for the following matters to take effect in connection with or upon the completion of the Qualifying Transaction: (i) the election of Jordan Kupinsky, Larry Swets, Jr., Scott Wollney and Gordon Pratt as directors of the resulting issuer; (ii) the consolidation of the common shares in the capital of JJR VI on the basis of a ratio within the range of one post-consolidation common share for every 5 pre-consolidation common shares (5:1) to one post-consolidation common share for every 15 pre-consolidation common shares (15:1); (iii) the amendment of the proposed articles of association of JJR VI upon its continuance to the Cayman Islands to, among other things, create two additional classes of shares, Preferred Shares and Restricted Voting Common Shares; and (iv) the stock option plan.

Completion of the Qualifying Transaction is subject to a number of conditions including, but not limited to, regulatory approvals, including the approval of the Illinois Department of Insurance. There can be no assurance that the Qualifying Transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the filing statement filed in connection with the Qualifying Transaction, any information released or received with respect to the Qualifying Transaction may not be accurate or complete and should not be relied upon. 

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

JJR VI is a CPC governed by the policies of the TSX Venture Exchange. JJR VI's principal business is the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction.

Neither 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 release.

For further information:

Jordan Kupinsky, Director of JJR VI at 416-972-6574