YOW Capital Corp. announces entering into an acquisition agreement

    OTTAWA, June 26 /CNW Telbec/ - YOW Capital Corp. ("YOW") (TSX Venture
Exchange: YOW.p) is pleased to announce that an acquisition agreement bearing
the effective date of June 7, 2009 (the "Acquisition Agreement") has been
executed by all parties thereto. The Acquisition Agreement sets out the terms
and conditions upon which YOW will acquire all of the issued and outstanding
shares of 1618254 Ontario Ltd. ("161"), on a one-for-one share exchange basis
with YOW common shares. This acquisition is expected to constitute the
company's "Qualifying Transaction" as defined by TSX Venture Exchange
    161's principal asset is an option (the "Option") it holds from C-D
Development Corporation (the "Optionor") to acquire all of the Optionor's
right, title and interest in and to a number of mining claims located in the
Talkeetna mining district of Alaska. YOW has lent the sum of $25,000 to 161 in
order for it to make a payment to the Optionor in consideration of the
extension of the Option and to make such other expenditures, subject to YOW's
prior approval, as may be necessary to preserve assets.

    This press release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other than
statements of historical facts, that address future exploration drilling,
exploration activities and events or developments that the Corporation
expects, are forward looking statements. Although the Corporation believes the
expectations expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of future
performance and actual results or developments may differ materially from
those in forward-looking statements. Factors that could cause actual results
to differ materially from those in forward-looking statements include
exploitation and exploration successes, continued availability of financing,
and general economic, market or business conditions. The Corporation assumes
no obligation to update the forward-looking statements, or to update the
reasons why actual results could differ from those reflected in the forward
looking-statements unless and until required by securities laws applicable to
the Corporation.
    The Qualifying Transaction will not be submitted to the shareholders of
YOW for approval.
    Completion of the Qualifying Transaction is subject to a number of
conditions, including but not limited to, further due diligence and Exchange
acceptance. There can be no assurance that the transaction will be completed
as proposed or at all.
    Investors are cautioned that, except as disclosed in the prospectus being
prepared in connection with the Qualifying Transaction, any information
released or received with respect to the Qualifying Transaction may not be
accurate or complete and should not be relied upon. Trading in the securities
of a capital pool company should be considered highly speculative.

    The TSX Venture Exchange Inc. has in no way passed upon the merits of the
    proposed Transaction and has neither approved nor disapproved the
    contents of this press release. The TSX Venture Exchange Inc. does not
    accept responsibility for the adequacy or accuracy of this release.
    %SEDAR: 00026664E

For further information:

For further information: Mr. Paul Barbeau, CEO, YOW Capital Corp., (613)
232-1567, (613) 232-1658 (fax)

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