Business News • MarketWire • Colonnade Files 43-101 Report and Filing Statement |
Colonnade Files 43-101 Report and Filing Statement |
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Colonnade Files 43-101 Report and Filing Statement
TORONTO, ONTARIO--(Marketwire - April 13, 2010) - Further to its news release of January 4, 2010 and April 9, 2010, Colonnade Capital Corp. ("Colonnade") (TSX VENTURE:COO.P), is pleased to provide an update regarding its proposed "qualifying transaction" (the "Proposed Transaction") pursuant to the policies of the TSX Venture Exchange (the "Exchange"). Colonnade has entered into an option agreement with Canasia Industries Corporation ("Canasia"), whereby Colonnade can earn a fifty-one percent (51%) beneficial interest in the Eyehill Creek Potash Property (the "Property"). The Exchange has conditionally accepted the Proposed Transaction subject to Colonnade fulfilling all of the requirements of the Exchange. Colonnade has received a waiver from the sponsorship requirement. Colonnade expects to close the
View More : http://www.marketwire.com/mw/release.do?id=1147242&sourceType=3
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