The TSX Venture Exchange has accepted for filing the company's qualifying transaction described in its information circular dated July 7, 2014. As a result, at the opening on Thursday, Aug. 28, 2014, the company will no longer be considered as a capital pool company and the common shares will be delisted from the TSX Venture Exchange.

The qualifying transaction consists of the following transactions:

• The subscription of one million common shares of Yangaroo Inc. at a price of 30 cents per common share for a total amount of $300,000;
• The distribution of the common shares of Yangaroo to the shareholders of Killbear Acquisition Corp. Killbear's shareholders will receive approximately 0.1363995 common share of Yangaroo for each shares of KBA. Yangaroo's common shares were issued, by way of a private placement, at a price of 30 cents per common share;
• The voluntary dissolution of the company.

The exchange has been advised that the subscription, the distribution of Yangaroo common shares and the dissolution were approved by the minority shareholders on Aug. 14, 2014. The exchange has also been advised that the distribution of the Yangaroo shares is anticipated to be completed on or before Aug. 29 and the dissolution will occur as soon as reasonably practical thereafter.

For further information, please refer to the company's information circular dated July 7, 2014, that is available on SEDAR.

The company has been suspended since June 13, 2014. Effective at the open of business on Thursday, Aug. 28, 2014, the common shares will be delisted from the TSX Venture Exchange.