Cadomin Capital Corporation Announces Results of Shareholders Meeting and Dissolution
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CALGARY, Aug. 31, 2012 /CNW/ - Cadomin Capital Corporation (the "Corporation") announced that at a special meeting of shareholders held today shareholders of the Corporation approved the appointment of a liquidator to wind up the affairs of the Corporation and the dissolution of the Corporation. The board of directors of the Corporation has decided to proceed with the winding up of the Corporation, the distribution of its net assets, if any, after providing for liabilities, contingencies and costs, and ultimately its dissolution as soon as practicable.
The Corporation will proceed with the liquidation and dissolution of the Corporation immediately and has now ceased to conduct normal business operations, except as may be required to wind up the business and affairs of the Corporation.
Certain statements in this release are forward-looking statements. Forward-looking statements involve significant risks and uncertainties. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements. Although the forward-looking statements contained in this release are based upon what the Corporation believes to be reasonable assumptions, the Corporation cannot assure investors that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this release and the Corporation assumes no obligation to update or revise them to reflect new events or circumstances.
SOURCE: Cadomin Capital CorporationFor further information:
David McGoey, Chief Financial Officer, at (403) 294-6497