22:23:28 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



CCT Capital Ltd (2)
Symbol CCW
Shares Issued 32,124,853
Close 2014-04-14 C$ 0.22
Market Cap C$ 7,067,468
Recent Sedar Documents

ORIGINAL: CCT Capital appoints Reynolds CEO

2014-09-16 12:02 ET - News Release

Received by email:

File: #08_091614_CorpUpdate_CEO.docx

CCT CAPITAL LTD.
#300-1090 Homer Street, Vancouver BC  


NEWS RELEASE Tel: 778-998-9242 Fax: 604-685-4675 TSX.V: CCW.H

CCT Capital Corporate Update

September 16, 2014: CCT Capital Ltd. ("CCT" or the "Company") (TSX-V: CCW.H), is pleased to announce that Keir Reynold
--->s, interim chairman and director has been appointed CEO effective immediately. 

Mr. Reynolds joined CCT as a director in February 2014. In his new role as CEO, Mr. Reynolds will continue to manage C
--->CT's strategic development and capital markets activities while expanding his responsibilities to include managing the
---> Company's day-to-day operations.

Corporate Update
The Company anticipates completing its previously announced acquisition of Mezzi Canada Inc. ("Mezzi") and a trade res
--->umption of its shares under the symbol TSXV: MZI within the next few weeks, and will provide additional updates once a
--->vailable. Mezzi is disrupting the status quo in the luxury accessories market as it unveils a beautiful new product li
--->ne featuring cutting edge technology, making Mezzi the true "smart luxury brand." Each piece, including handbags, duff
--->el bags and essential leather goods, will allow wireless connectivity between your Mezzi bag and smartphone, providing
---> a completely new user experience. 

Significant advancements in the business of Mezzi have been achieved over the last few months including:
redesigning and prototyping the entire luxury collection to include 12 all-new products in both a Men's and Women's co
--->llection set to go on sale in October, 2014;
relocating all manufacturing to the United States and supporting the resurgence in domestic manufacturing of luxury fa
--->shion in the USA;
implementing a just-in-time manufacturing process, thereby greatly reducing the typical luxury product development tim
--->eline and physical inventories;
designing and manufacturing through its technology partner of the Mezzi Trackr proximity sensor technology that will s
--->hip with each of its products; and
designing and developing the Mezzi App that will be available shortly within both the Apple iOS App Store and Google P
--->lay Store

The Company would like to thank Warwick Smith for his service to the Company during its business transition and wishes
---> him all the best as he steps down from the Board and as the CEO to pursue other ventures. 
Further details regarding the acquisition of Mezzi are available in the Company's news release of April 25, 2014, and 
--->on SEDAR (www.sedar.com) under the Company's profile.  The acquisition will constitute a change of business for the Co
--->mpany, under the policies of the TSX Venture Exchange.  The acquisition remains subject to a number of conditions, inc
--->luding approval of the Exchange; there can be no assurance that the acquisition will be completed as proposed or at al
--->l.

About Mezzi
Mezzi is disrupting the status quo in the luxury accessories market as it unveils a beautiful new product line featuri
--->ng cutting edge technology, making Mezzi the true smart luxury brand. Each piece, including handbags, duffel bags and 
--->essential leather goods, will allow wireless connectivity between your Mezzi bag and smartphone, providing a completel
--->y new user experience. With fine leather sourced directly from Italy, all pieces in the Mezzi Smart Luxury collection 
--->are manufactured in the USA.
For further information please contact Mr. Keir Reynolds, Chairman & Director - CCT Capital Ltd. at: Tel: (778) 998-92
--->42 or Email: keir@mmadvisory.com

ON BEHALF OF THE BOARD

Keir Reynolds
Interim Chairman, Director

Investors are cautioned that, except as disclosed in the Filing Statement to be prepared in connection with the transa
--->ction, any information released or received with respect to the COB may not be accurate or complete and should not be 
--->relied upon. Trading in the securities of the Company should be considered highly speculative.

The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor
---> disapproved the contents of this press release.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Vent
--->ure Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements w
--->ithin, other than statements of historical fact, are to be considered forward looking. Although the Company believes t
--->he expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are 
--->not guarantees of future performance and actual results or developments may differ materially from those in forward-lo
--->oking statements. Factors that could cause actual results to differ materially from those in forward-looking statement
--->s include market prices, availability of inputs from suppliers, responses of competitors, continued availability of ca
--->pital and financing, and general economic, market or business conditions. There can be no assurances that such stateme
--->nts will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We 
--->do not assume any obligation to update any forward-looking statements except as required under the applicable laws.




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