TORONTO, March 13, 2014 /CNW/ - Everfront Ventures Corp. ("Everfront") (TSX Venture: EVC.P) today announced that it has received approval from the TSX Venture Exchange (the "Exchange") to transfer its listing to the NEX board of the Exchange, effective at the opening of markets on March 17, 2014 under the ticker symbol "EVC.H". In connection with its transfer to the NEX, Everfront cancelled certain seed shares purchased by non-arm's length parties for less than $0.20 per seed share, as approved by Everfront shareholders at its annual and special meeting held on January 8, 2014.
Everfront will continue to pursue and evaluate businesses and assets with a view to completing a qualifying transaction and will make further announcements with respect to these efforts as soon as practically possible. Everfront cannot offer any assurances that a qualifying transaction will be completed.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Everfront is a capital pool company listed on the Exchange. Everfront was established pursuant to the CPC Policy which permits an initial public offering and an Exchange listing by a newly created company that has no assets, other than cash, and has not commenced commercial operations. The principal business of Everfront has been the identification and evaluation of assets with a view to completing a qualifying transaction.
SOURCE: Everfront Ventures Corp.
For further information: Joshua Gerstein at (416) 479-8623