Business News • MarketWire • Denovo Announces Completion of Private Placement of Approximately $41 Million in Subscription Receipts Pursuant to Proposed Qualifying Transaction

Denovo Announces Completion of Private Placement of Approximately $41 Million in Subscription Receipts Pursuant to Proposed Qualifying Transaction

Denovo Announces Completion of Private Placement of Approximately $41 Million in Subscription Receipts Pursuant to Proposed Qualifying Transaction

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 3, 2011) - Denovo Capital Corp. (TSX VENTURE:DVO) ("Denovo" or the "Corporation") is pleased to announce that it has recently completed a previously announced non-brokered private placement financing (the "Private Placement") of 45,535,195 subscription receipts of the Corporation (the "Subscription Receipts") at a price of $0.90 per Subscription Receipt for aggregate gross proceeds of $40,981,675.50.

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