/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN
TORONTO, Dec. 4 /CNW/ - ISG Capital Corporation ("ISG" or the
"Corporation") today announced that its common shares have commenced trading
on the TSX Venture Exchange (the "Exchange") under the ticker symbol "SUS.P".
The Corporation previously announced the closing of its initial public
offering on November 28, 2007 (the "IPO") in which 7,500,000 common shares
were issued at a price of $0.20 per share for gross proceeds of $1,500,000.
The net proceeds from the IPO wil be used by the Corporation to identify and
evaluate assets or businesses with a view to completing a qualifying
transaction under the Exchange's Capital Pool Company Program. ISG currently
intends to pursue a qualifying transaction through the acquisition of real
property, focusing primarily on the commercial real estate sector where
sustainable initiatives can lower operating costs and enhance the
environmental performance of the building.
The Corporation's directors and officers are: John Roy, Chairman of the
Board of Directors; David Ogden, Chief Executive Officer and Director; Joseph
Sorbara, Secretary and Director; Philip Rossiter, Chief Financial Officer and
Director; Gary Beres, Director; and Amy Erixon, Director.
Additional information relating to the Corporation and the IPO can be
located in the final prospectus of the Corporation dated November 21, 2007
available online at www.sedar.com.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this press release.
Certain statements made in this news release are forward-looking and
subject to various risks and uncertainties. Such forward-looking statements
are based on management's beliefs and assumptions regarding the information
currently available. Actual results could differ materially from those
expressed in the forward-looking statements. Factors that could cause results
to vary include, among other things, those expressed in the prospectus filed
with Canadian securities regulatory authorities. All data presented in this
news release should be read in conjunction with the prospectus.
For further information:
For further information: David S. Ogden, Chief Executive Officer, ISG
Capital Corporation, Tel: (416) 203-7538