Business NewsMarketWire • Sanction Capital Corp. Announces Move to the NEX

Sanction Capital Corp. Announces Move to the NEX

Sanction Capital Corp. Announces Move to the NEX

CALGARY, ALBERTA--(Marketwired - Jan. 7, 2014) - Sanction Capital Corp. (TSX VENTURE:SRP.P) (the "Company"), a capital pool company as defined under Policy 2.4 - Capital Pool Companies of the TSX Venture Exchange, announces that it received shareholder approval at the Company's Annual General and Special Meeting held on December 18, 2013 (the "Meeting") excluding the shareholdings held by non-arm's length parties, to the transfer of its listing to the NEX board of the TSX Venture Exchange (the "Exchange"). In connection with the transfer of the listing to NEX, seed shareholders, in accordance with stipulated policies and procedures, have agreed to the cancellation of a total of 2,200,000 common shares.

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