/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES/
TORONTO, Nov. 10, 2011 /CNW/ - C2C Industrial Properties Inc. ("C2C" or
the "Company") (TSXV - "CCH") announced today the results of its
special meeting of shareholders held on November 10, 2011.
The shareholders unanimously approved amendments to the asset management
agreement between the Company and Strathallen Capital Corp. (the
"Proposed Amendments") and a share consolidation (the "Share
Consolidation"). These amendments were undertaken at the
recommendation of prospective investors in order to facilitate future
The details of the Proposed Amendments and Share Consolidation are set
out in the Information Circular of the Company dated September 30, 2011
which was distributed to the shareholders in conjunction with the
meeting. The resolutions approving the Proposed Amendments and the
Share Consolidation provided the board of directors with the authority
to proceed with the amendments in their sole discretion.
About C2C Industrial Properties Inc.
C2C is a real property company that recently completed its Qualifying
Transaction on the TSX Venture Exchange. C2C's principal objective is
to acquire, own and operate industrial properties across Canada. More
information about C2C (CCH: TSX-V) is available at www.sedar.com.
Forward Looking Statements
This document contains forward-looking statements within the meaning of
applicable securities laws relating to C2C and the environment in which
it operates and its strategy, action plans and investments, which may
involve estimates, forecasts and projections. These statements are not
guarantees of future performance and involve risks and uncertainties
that are difficult to predict and/or are beyond C2C's control. A number
of important factors could cause actual outcomes and results to differ
materially from those expressed in these forward-looking statements.
These factors include those set forth in this press release and other
public filings. Consequently, readers should not place any undue
reliance on such forward-looking statements. These forward-looking
statements are made as of the date of this press release. C2C is under
no obligation to update any forward-looking statements contained herein
should material facts change due to new information, future events or
other factors. All forward-looking statements attributable to C2C are
expressly qualified by these cautionary statements.
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 press
SOURCE C2C Industrial Properties Inc.
For further information:
C2C Industrial Properties Inc.
Christopher Ross, President