Ansue Capital Corp. - Initial public offering completed

VANCOUVER, May 19 /CNW/ - Ansue Capital Corp. ("Ansue"), a capital pool company, is pleased to announce that it has completed its initial public offering.

Ansue issued an aggregate of 2,000,000 common shares to purchasers in British Columbia and Alberta at a purchase price of $0.10 per share for gross proceeds of $200,000. Mackie Research Capital Corporation acted as agent in respect of the offering and received a cash commission of $20,000 and an administration fee of $10,000, as well as an option to acquire an aggregate of 200,000 common shares for a period of two years from the date of the listing of the common shares of Ansue on the TSX Venture Exchange at an exercise price of $0.10 per share.

It is expected that Ansue's common shares will commence trading on the TSX Venture Exchange at the opening on May 21, 2010 under the trading symbol "ASU-P".

The directors and officers of Ansue are Suzanne Wood, Anne Chopra and Dale Peterson.

    
    ON BEHALF OF THE BOARD

    "Suzanne Wood"
    ------------------------------
    Suzanne Wood, President, CEO, Secretary and CFO
    

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

SOURCE ANSUE CAPITAL CORP.

For further information: For further information: please contact Suzanne Wood, President, CEO, CFO and Secretary by Telephone: (604) 687-6991, ext. 12, Fax: (604) 684-0342 or email: suzannewood@telus.net

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ANSUE CAPITAL CORP.

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