TORONTO, Oct. 3, 2013 /CNW/ - Difference Capital Financial Inc. ("DCF") (TSX VENTURE:DCF), a leading specialty financial services company, is pleased to announce that it has received conditional approval from the Toronto Stock Exchange ("TSX") to graduate from the TSX Venture Exchange and list its common shares (the "Common Shares") and unsecured convertible debentures (the "Debentures") on the TSX.
"Our graduation to the TSX is another milestone for DCF as we continue our growth as one of Canada's leading specialty finance companies. This graduation will open the door to a larger pool of institutional and international investors," said Michael Wekerle, Executive Chairman of DCF.
Final approval of the listing is subject to DCF meeting certain requirements of the TSX. DCF expects to satisfy all conditions and make a future announcement once the TSX has issued a bulletin confirming the date on which trading on the TSX will occur. Upon its listing on the TSX, DCF's Common Shares will continue to trade under the symbol "DCF" and its Debentures will trade under the symbol "DCF.DB".
In connection with the listing on the TSX, DCF will apply to voluntarily delist its Common Shares and Debentures from the TSX Venture Exchange, such delisting to be effective as of the date such securities commence trading on the TSX.
About Difference Capital Financial Inc.
Difference Capital Financial Inc. is a publicly-listed, Toronto-based specialty finance company focused on creating shareholder value through strategic investments in, and advisory services for, growth companies, particularly in the technology, media and healthcare sectors, as well as through opportunistic investments in undervalued financial assets and real property.
The TSX Venture Exchange, the TSX or its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
This release includes forward-looking statements regarding DCF and its business. Such statements are based on the current expectations and views of future events of DCF's management. In some cases the forward-looking statements can be identified by words or phrases such as "may", "will", "expect", "plan", "anticipate", "intend", "potential", "estimate", "believe" or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of known and unknown risk factors and uncertainties beyond the control of DCF. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and DCF undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Difference Capital Financial Inc.
For further information:
Difference Capital Financial Inc.
Chief Executive Officer
416 649 5088