| August 27, 2009 TAD Capital Corp. Announces Issuance of Final Exchange Bulletin Regarding Qualifying Transaction with Golden Sabre Resources Ltd. | |
| Vancouver, August 27, 2009 -- TAD Capital Corp. ("TAD") is pleased to announce that the TSX Venture Exchange (the "Exchange") has granted final approval for TAD's qualifying transaction (the "Qualifying Transaction") with Golden Sabre Resources Ltd. ("Golden Sabre"). Following the completion of the Qualifying Transaction, there are 17,602,000 shares of TAD issued and outstanding. Of the 17,602,000 issued and outstanding shares of TAD, 4,700,000 shares are subject to escrow. 2,000,000 of the escrowed shares are subject to the terms of a CPC Escrow Agreement and 2,700,000 of the escrowed shares are subject to the terms of a Value Security Escrow Agreement. The Final Exchange Bulletin was released on August 26, 2009 and trading in TAD's shares resumed on the Exchange under the symbol "TAD" on August 27, 2009. TAD has granted, pursuant to its 2008 Rolling Stock Option Plan, up to 1,200,000 incentive stock options directors, officers and consultants at an exercise price of $0.10 per share for five years. These shares are subject to a hold period expiring December 28, 2009. ON BEHALF OF THE BOARD TAD CAPITAL CORP. Per: "Conrad Clemiss" Conrad Clemiss, President For further information, please contact: Conrad Clemiss President, TAD Capital Corp. (604) 646-6906 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 Statements in this news release regarding TAD's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties, such as the statement that trading in TAD's shares is anticipated to resume on the Exchange on August 27, 2009. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. | |
You can view the Next News Releases item: Thu Sep 10, 2009, TAD Names New Director You can view the Previous News Releases item: Tue Aug 18, 2009, TAD Capital Corp. Clarifies Escrow Provisions Following Closing of its Qualifying Transaction You can return to the main News Releases page, or press the Back button on your browser. |