MONTRÉAL, March 11, 2016 /CNW Telbec/ - Corporation TomaGold announces that it has acquired on March 10, 2016, the ownership of 50,000 class "A" common shares in the capital stock of Quinto Real Capital Corporation ("Common Shares") for a gross proceed of $1,750.00 or $0.035 per Common Share. This holding represents 0.43% of the Common Shares issued and outstanding as of March 11, 2016.
As of this day, and after giving effect to the acquisition of its 50,000 Common Shares, TomaGold holds, directly or indirectly, 2,147,000 Common Shares. On a non-diluted and diluted basis, TomaGold thus currently holds 18.67% of Common Shares issued and outstanding as of March 11, 2016.
The Common Shares of Quinto Real Capital Corporation ("Quinto Real") are listed on the TSX Venture Exchange under the symbol QIT.
The Quinto Real securities held by TomaGold are for strategic investment purposes. The holdings of TomaGold may be increased or decreased in the future, as deemed appropriate.
Neither the 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 news release.
SOURCE Quinto Real Capital Corporation
For further information: TomaGold Corporation, David Grondin, President and Chief Executive Officer, (514) 206-7727, www.tomagoldcorp.com