MONTREAL, July 12, 2013 /CNW Telbec/ - OneCap Investment Corporation, a
Capital Pool Company ("OneCap") (TSXV: OIC.P) announces that the offer to purchase an industrial
building located in Montréal and described in its January 25, 2013
press release has expired, without OneCap being able to acquire that
The directors of OneCap are carrying on with their efforts to announce
shortly a Qualifying Transaction in accordance with the policies of the
TSX Venture Exchange (the "Exchange"). Taking into account the very advance state of the current
negotiations, OneCap has asked the Exchange to maintain its cease
Furthermore, Mr. Daniel Dorey will take on additional challenges for
which announcement will be made shortly. Mr. Dorey is therefore
relinquishing today his position as President and Chief Executive
Officer of OneCap, but will remain on the Board of Directors as
Chairman of the Board and will be involved in the strategic
decision-making process of the corporation.
The Board of Directors of OneCap will shortly appoint a new President
and Chief Executive Officer and will maintain focus on the realization
of the Qualifying Transaction.
Neither 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 release.
SOURCE: OneCap Investment Corporation
For further information:
Mr. Pierre Setlakwe
Secretary and Director