2013-12-17 01:42:31 -
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Toronto, Ontario CANADA, December 16, 2013 /FSC/ - Exclamation Investments Corporation (XI - TSX Venture), ("exclamation" or the "Company") today announced that effective December 15, 2013, certain officers and directors of the Company acquired an aggregate of 250,000 common shares in the capital of the Company (the "Qualifying Shares"), at a price of $0.10 per share, under the Company's Share Purchase Plan (the "Plan"). The Plan which allows qualified officers and directors to acquire shares on December 15th and June 15th was approved by shareholders at the Company's Annual General Meeting. Under the terms of the Plan, each participant is entitled to receive the matching number of
common shares acquired pursuant to the Plan at no cost to such officer or director (the "Deferred Matching Shares"). Subject to certain conditions, such Deferred Matching Shares will be issued to the participating officers and directors over a three year period following the date of the purchase of the Qualifying Shares. As a result, the participating officers and directors of exclamation may be issued up to an aggregate of 250,000 Deferred Matching Shares in three equal tranches over a three year period.
ABOUT EXCLAMATION INVESTMENTS CORPORATION
exclamation Investments is a business creator that conceives and develops paradigm-shifting businesses in its roles of seed investor, founder and active partner. Leveraging its trans-Atlantic network to develop new business concepts, and its proven process for transforming ideas and capital into profits, exclamation shareholders participate from the founder stage as they 'get in' at a low cost before significant value is established, and are positioned to 'exit' and realize gains when value is maximized offering potential returns significantly higher than traditional venture capital and private equity. For more information about exclamation, visit www.exclamation.com.
Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
For more information, please contact:
Exclamation Investments Corporation
Daniel Shields, Chief Financial Officer
t : 1 (888) 838-1666
To view this press release as a PDF, please click on the following link :
Source: Exclamation Investments Corporation (TSX-V XI) www.exclamation.com
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