Advertisements

Stocking Stuffers

 

Fortriu Capital Corp. (FTC.P:CA) News

Related Symbols:  

Related Topics:  


 August 21, 2008 - 8:00 PM EDT
Print Email Article Font Down Font Up
Fortriu Capital Corp. Completes Initial Public Offering

Fortriu Capital Corp. Completes Initial Public Offering

Vancouver, British Columbia CANADA, August 21, 2008 /FSC/ - Fortriu Capital Corp.  (FTC.P - TSX Venture), ("Fortriu" or the "Company") is pleased to announce the successful closing of its initial public offering (the "Offering") of 2,000,000 common shares for gross proceeds of $200,000 on August 19, 2008. PI Financial Corp. acted as agent in connection with the Offering.  The Company issued compensation options to the agent and its selling group members, entitling them to purchase up to 200,000 common shares of the Company at $0.10 per share for a period of 24 months after the date the Company lists on the TSX Venture Exchange.  The common shares of Fortriu began trading today on the TSX Venture Exchange under the stock symbol "FTC.P."

Fortriu is a capital pool company and intends to use the net proceeds of the Offering to identify and evaluate assets or businesses for acquisition.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

(No.2008-08-01)

For further information please contact:

Aaron Keay
Fortriu Capital Corp.
Chief Executive and President
(604) 684-2181
Cathedral Place, Suite 1304, 925-West Georgia St.
Vancouver, B.C.  
V6C 3L2 Canada
Tel: (604) 684-2181
Fax: (604) 682-4768


Source: Fortriu Capital Corp. (FTC.P - TSX-V)
Maximum News Dissemination by Filing Services Canada Inc.
Ph: (403) 717-3898  Fx: (403) 717-3896    www.usetdas.com


Source: FSCwire (August 21, 2008 - 8:00 PM EDT)