| July 24, 2009 TAD Capital Corp. Announces Filing of Filing Statement | |
| TAD Capital Corp. ("TAD" or the "Company") is pleased to announce that its filing statement dated as of July 24, 2009 (the "Filing Statement") has been filed on SEDAR and may be viewed at www.sedar.com. The Filing Statement describes the Company's proposed qualifying transaction (the "Qualifying Transaction") with Golden Sabre Resources Ltd. ("Golden Sabre"), as required by Policy 2.4 of the TSX Venture Exchange (the "Exchange"). The Company is a Capital Pool Company listed for trading on the Exchange, which has agreed to acquire from Golden Sabre a 94% interest in and to certain mining claims known as the Hazelton Claims. This acquisition is intended to be the Company's Qualifying Transaction under the policies of the Exchange. The Company anticipates completing the Qualifying Transaction on or after August 4, 2009. On July 20, 2009, the Exchange conditionally accepted the Qualifying Transaction. The final approval of the Exchange is conditional upon the filing of all outstanding documents required by Policy 2.4. Investors are cautioned that, except as disclosed in the Filing Statement prepared in connection with the Qualifying Transaction, any information released or received with respect to the transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative. ON BEHALF OF THE BOARD TAD CAPITAL CORP. "Conrad Clemiss" Conrad Clemiss President and Chief Executive Officer For further information 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 press release regarding the Company's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties, such as the statement that: (i) the Company has agreed to acquire the Hazelton Claims; (ii) the acquisition is intended to be the Company's Qualifying Transaction; (iii) the Company anticipates that the closing date will be August 4, 2009; and (iv) approval of the transaction is conditional upon the filing of all outstanding documents in accordance with Exchange policies. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties including the risk that: (i) the acquisition may not close for any reason; and (ii) refusal of the Exchange to provide final approval of the transaction. Actual results in each case could differ materially from those currently anticipated in such statements. Completion of the transaction is subject to a number of conditions, including but not limited to, final Exchange acceptance. There can be no assurance that the transaction will be completed as proposed or at all. | |
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