ZipLocal Inc. Provides Corporate Update
April 04 2014 - 2:50PM
Marketwired
ZipLocal Inc. Provides Corporate Update
TORONTO, ONTARIO--(Marketwired - Apr 4, 2014) - ZipLocal Inc.
(the "Company") (TSX-VENTURE:ZIP.H) announced today that it has
determined not to proceed with the previously announced private
placement and change of business of the Company to an "investment
issuer" in accordance with the applicable policies of the Exchange.
The proposed private placement and change of business were
initially announced by the Company on September 26, 2013 and
trading of the common shares of the Company has been halted since
that date.
The directors and
officers of the Company intend to seek out new opportunities
considered to be in the best interests of the Company and its
shareholders.
It is anticipated
that the common shares of the Company will resume trading on the
NEX Board of the Exchange on or about April 8, 2014.
About ZipLocal Inc.
ZipLocal Inc. is
listed on the NEX Board of the TSX Venture Exchange.
NEITHER THE
TSX-VENTURE EXCHANGE NOR ITS REGULATION PROVIDER (AS THAT TERM IS
DEFINED IN THE POLICIES OF THE TSX-VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
ZipLocal Inc.Kevin DanePresident(416)
361-4771kdane@wildlaw.ca
(TSXV:ZIP.H)
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