TORONTO, April 24 /CNW/ - Soyers Capital Limited ("Soyers") (TSX-V:
SOC.P), a capital pool company, is pleased to announce that it has filed its
Filing Statement on SEDAR (www.sedar.com) pursuant to TSX Venture Exchange
requirements and has scheduled the closing date of its previously announced
qualifying transaction for May 3, 2007.
Concurrently with the closing of its qualifying transaction, Soyers will
complete a private placement financing of common shares at a price of $0.10
per share for gross proceeds of approximately $300,000.
The Filing Statement is the disclosure document that outlines the details
of the qualifying transaction, the concurrent private placement, information
about Soyers and information about the target company, BlueRush.TV Inc.
("BlueRush"), and its business, including financial statements of Soyers,
BlueRush and pro forma financial statements. Readers of this release are
encouraged to review the information in the Filing Statement.
Completion of the transaction is subject to a number of
conditions, including but not limited to final
TSX Venture Exchange approval. There can be no assurance
that the transaction will be completed.
The TSX Venture Exchange Inc. has in no way passed upon the merits
of the proposed transaction and has neither approved nor
disapproved the contents of this press release.
For further information:
For further information: Mr. Daniel Ezer, President, Soyers Capital
Limited, Tel: (416) 646-8771, e-mail: dezer@D1Capital.com; Mr. Laurence Lubin,
President, BlueRush.TV Inc., Tel: (416) 203-0618, e-mail: email@example.com