C2C Industrial Properties Inc. - Announces Results of Special Meeting of Shareholders

/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

TORONTO, Nov. 10, 2011 /CNW/ - C2C Industrial Properties Inc. ("C2C" or the "Company") (TSXV - "CCH") announced today the results of its special meeting of shareholders held on November 10, 2011.

The shareholders unanimously approved amendments to the asset management agreement between the Company and Strathallen Capital Corp. (the "Proposed Amendments") and a share consolidation (the "Share Consolidation").  These amendments were undertaken at the recommendation of prospective investors in order to facilitate future financings.

The details of the Proposed Amendments and Share Consolidation are set out in the Information Circular of the Company dated September 30, 2011 which was distributed to the shareholders in conjunction with the meeting.  The resolutions approving the Proposed Amendments and the Share Consolidation provided the board of directors with the authority to proceed with the amendments in their sole discretion.

About C2C Industrial Properties Inc.

C2C is a real property company that recently completed its Qualifying Transaction on the TSX Venture Exchange. C2C's principal objective is to acquire, own and operate industrial properties across Canada. More information about C2C (CCH: TSX-V) is available at www.sedar.com.

Forward Looking Statements

This document contains forward-looking statements within the meaning of applicable securities laws relating to C2C and the environment in which it operates and its strategy, action plans and investments, which may involve estimates, forecasts and projections. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict and/or are beyond C2C's control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. These factors include those set forth in this press release and other public filings. Consequently, readers should not place any undue reliance on such forward-looking statements. These forward-looking statements are made as of the date of this press release. C2C is under no obligation to update any forward-looking statements contained herein should material facts change due to new information, future events or other factors. All forward-looking statements attributable to C2C are expressly qualified by these cautionary statements.

Neither the 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 press release.

SOURCE C2C Industrial Properties Inc.

For further information:

C2C Industrial Properties Inc.
Christopher Ross, President
(416) 646-7353 
cross@strathallen.com

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C2C Industrial Properties Inc.

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