Valucap completes private placement and debt settlement



    TORONTO, Aug. 25 /CNW/ - Valucap Investments Inc. (V.H-NEX) ("Valucap")
announced that it has completed its previously announced private placement,
issuing 12,168,787 common shares and 6,125,000 warrants, for gross proceeds of
$983,503, of which $490,000 was received in cash at a price of $0.08 per unit
of one common share and one warrant, and $483,503 by the settlement of certain
debts owed by Valucap to its directors and to Seaquest Corporation
("Seaquest") at a price of $0.08 per common share. Only common shares were
issued for the debt settlement portion of the private placement. Each warrant
entitles the holder to purchase one additional common share of Valucap at a
price of $0.11 for a period of 24 months. The cash proceeds from the offering
will be used for potential acquisitions of securities in companies requiring
capital for growth and for general working capital purposes. Valucap also
completed its previously announced settlement of the remaining debt owed to
Seaquest in the amount of $106,622 in exchange for 1,332,775 common shares at
a deemed value of $0.08 per common share. The settlement of this debt was
subject to approval by Valucap's shareholders, and received such approval at
its annual and special meeting of shareholders held on November 24, 2008. The
common shares and warrants issued pursuant to these transactions were issued
pursuant to applicable prospectus and registration exemptions and are subject
to a four-month hold period.
    As a result of the foregoing transactions, certain persons acquired a
number of common shares and warrants that would give them more than 10% of the
outstanding common shares of Valucap on a partially-diluted basis, namely: (i)
Seaquest acquired ownership of 6,082,812 common shares, which, together with
the common shares already owned by Seaquest, would give it 6,507,812 common
shares (36.5% of the outstanding common shares of Valucap); and (ii) Grand
Valley Building Supplies Co. acquired ownership of 1,875,000 common shares and
1,875,000 warrants, which, on a partially-diluted basis, would give it
3,750,000 common shares (19% of the outstanding common shares of Valucap). All
of these securities were acquired on a private placement basis on the terms
described above, and were acquired for investment purposes. The acquirors have
not expressed any intention to acquire further securities of Valucap.
    The completion of today's transactions enabled Valucap to complete today
the first tranche, consisting of $700,000, of the investment of $2,100,000 in
80/20 Solutions Inc. ("80/20") announced by Valucap in its press release dated
August 7, 2009. The balance of the investment will be made in several tranches
over the next seven months, subject to various conditions, including the
achievement by 80/20 of certain milestones in the development of its business.
    Mr. Watts, President and CEO of Valucap stated that, "this marks an
important step toward achieving our vision for the company and its
shareholders."

    About Valucap

    Valucap is an investment issuer and is interested in acquiring
influential positions in venture stage Canadian technology companies. Valucap
seeks to invest in companies that are positioned to leverage the rapid
adoption of emerging technology shifts such as "cloud computing", Web 2.0, and
Software as a Service (SaaS). The Company provides investees with both the
capital and management support required to exploit opportunities for growth.
    The common shares of Valucap are currently listed on the NEX. Valucap has
applied to graduate the listing of its common shares to Tier 2 of the TSX
Venture Exchange.

    This press release includes certain "Forward-Looking Statements." All
statements, other than statements of historical fact, included herein,
including without limitation, statements regarding future plans and objectives
of Valucap, are forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from
those anticipated in such statements.

    
    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.
    





For further information:

For further information: Valucap Investments Inc.: Jeffrey S. Watts,
President and Chief Executive Officer, Tel: (416) 364-2591, Email:
jwatts@valucap.ca

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VALUCAP INVESTMENTS INC.

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