TORONTO, Sept. 20 /CNW/ - Intuitivo Capital Corporation ("Intuitivo" or
the "Company"), a capital pool company, is pleased to announce that it has
completed an initial public offering of 5,000,000 common shares at a price of
$0.10 per share raising gross proceeds of $500,000. Blackmont Capital Inc.
acted as agent in connection with the offering and received a commission equal
to 10% of the gross proceeds of the offering and 500,000 agent's options, each
of which entitles Blackmont to purchase one common share of the Company for a
period of 24 months from listing at a price of $0.10 per share. The common
shares will be posted for trading on the TSX Venture Exchange under the stock
symbol "ITU.P" at the opening of trading on Thursday, September 20, 2007.
The net proceeds from Intuitivo's initial public offering will be used to
identify and evaluate assets and businesses with a view to completing a
"Qualifying Transaction" in accordance with TSX Venture Exchange policies.
Following completion of the initial public offering, Intuitivo has
7,500,000 common shares issued and outstanding.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
For further information:
For further information: contact: Michael Moyal, Vice President,
Intuitivo Capital Corporation, Tel: (905) 761-5295, E-mail: email@example.com