TSX Venture Exchange
Trading Symbol: ACA.P
VANCOUVER, Aug. 6 /CNW/ - Anergy Capital Inc. (the "Company" or "Anergy") is pleased to report that it has successfully completed its private placement and initial public offering.
The private placement generated gross and net proceeds of $160,000 from 4 investors through the issuance of 1,600,000 common shares at a price of $0.10 per share. These shares are subject to a hold period expiring after November 29, 2010.
The initial public offering generated gross proceeds of $216,100 through the issuance of 2,161,000 common shares at a price of $0.10 per share pursuant to a prospectus dated April 28, 2010. Leede Financial Markets Inc. ("Leede") acted as agent for the offering. Leede received a cash commission of 10% of the gross proceeds of the offering and the Company granted agent's options to Leede to purchase up to an aggregate of 216,100 common shares at a price of $0.10 per share exercisable for a period of 24 months from the date the Company's common shares are listed on the TSX Venture Exchange (the "Exchange").
The Company's common shares have been approved for listing on the TSX Venture Exchange. The Company expects its common shares will commence trading on August 6, 2010 under the symbol ACA.P.
ABOUT ANERGY CAPITAL INC.
Anergy is a capital pool company ("CPC") within the meaning of the policies of the TSX Venture Exchange. The Company has not commenced operations and has no assets other than cash. The Company proposes to identify and evaluate businesses and assets with a view to completing a Qualifying Transaction ("QT") under the Exchange's CPC policies. The funds raised under the initial public offering will be used to pursue the Company's QT.
"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 ANERGY CAPITAL INC.
For further information: For further information: please contact Harley Sinclair, Chief Executive Officer at: ANERGY CAPITAL INC., 1010-609 Granville Street, P.O. Box 10354, Pacific Centre, Vancouver, British Columbia, V7Y 1G5, Telephone: 778-785-0321, Facsimile: 604-648-8031