CALGARY, Nov. 18 /CNW/ - Humboldt Capital Corporation (TSX-V: HMB) advises that on October 30, 2009 it acquired an additional 400,000 common shares of Trafina Energy Ltd. (TSX-V: TFA.A) on the facility of the TSX Venture Exchange. As a result, Humboldt together with its major shareholder, Robert W. Lamond, will own and control an aggregate of 2,114,900 common shares or 18.7% of the outstanding shares of Trafina. Humboldt may be considered to be acting jointly or in concert with Mr. Lamond under applicable securities laws.
The acquisitions were for investment purposes and each of Humboldt and Robert W. Lamond may, from time to time, as market opportunities exist or develop, increase or decrease their beneficial ownership, or control and direction over, Trafina's common shares as permitted by securities law.
Forward-looking statements - the press release today contains "forward-looking" information. Actual results could differ materially from the conclusions, forecasts or projections in the forward-looking information. Certain material factors and assumptions were applied in drawing the conclusions or making the forecasts or projections as reflected in the forward-looking information. Additional information about the material factors that could cause actual results to differ materially from the conclusion, forecast or projection in the forward-looking information and the material factors or assumptions that were applied in drawing the conclusion or making the forecast or projection as reflected in the forward-looking information is contained in the press release.
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
SOURCE HUMBOLDT CAPITAL CORPORATION
For further information: For further information: R.W. Lamond, Chairman of the Board - or - C.A. (Tony) Teare, Executive Vice President, HUMBOLDT CAPITAL CORPORATION, Telephone: (403) 269-9889, Fax: (403) 269-9890, TSX-V: HMB