Subject: Spirit Bear Capital Corp - News Release
PLAIN TEXT:
NEWS RELEASE
Spirit Bear Capital Corp. Cancels Private Placement
November 20, 2014
TSX Venture Exchange
Trading Symbol: SBG.H
Vancouver, BC - Spirit Bear Capital Corp. (the "Company") (TSXV: "SBG.H") has decided not to proceed with the financin
--->g announced on September 29, 2014 (as amended on October 17, 2014). The financing is being cancelled due to unfavourab
--->le market conditions. The Company will continue to monitor the market and identify appropriate opportunities as condit
--->ions improve.
About the Company
The Company is designated as a Capital Pool Company by the Exchange. The Company has not commenced commercial operatio
--->ns and has no assets other than cash. The only business of the Corporation is the identification and evaluation of ass
--->ets or businesses with a view to completing a "Qualifying Transaction" in accordance with Exchange Policy 2.4 - Capita
--->l Pool Companies.
On Behalf of the Board of Directors
"Michael Waldkirch"
Michael Waldkirch
Chief Executive Officer, Chief Financial Officer and Director
For further information please contact:
Michael Waldkirch
Telephone: (604) 273-6955
Neither the TSX Venture Exchange not its Regulation Services Provider (as that term is defined in the policies of the
--->TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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--->ormal><b><span style='font-family:"Cambria","serif"'>NEWS RELEASE <o:p></o:p></span></b></p><p class=MsoNormal><b><u><
--->span style='font-family:"Cambria","serif"'><o:p><span style='text-decoration:none'> </span></o:p></span></u></b><
--->/p><p class=Default><b><i><span style='font-size:14.0pt;font-family:"Cambria","serif"'>Spirit Bear Capital Corp. Cance
--->ls Private Placement<o:p></o:p></span></i></b></p><p class=MsoNormal><span style='font-family:"Cambria","serif"'><o:p>
---> </o:p></span></p><table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 style='border-collapse:collaps
--->e'><tr><td width=295 valign=top style='width:221.4pt;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal><b><span style='f
--->ont-family:"Cambria","serif"'>November 20, 2014</span></b><b><span style='font-family:"Cambria","serif"'><o:p></o:p></
--->span></b></p></td><td width=342 valign=top style='width:256.5pt;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal><b><sp
--->an style='font-family:"Cambria","serif"'>TSX Venture Exchange</span></b><b><span style='font-family:"Cambria","serif"'
--->><o:p></o:p></span></b></p></td></tr><tr><td width=295 valign=top style='width:221.4pt;padding:0in 5.4pt 0in 5.4pt'><p
---> class=MsoNormal><b><span style='font-family:"Cambria","serif"'><o:p> </o:p></span></b></p></td><td width=342 val
--->ign=top style='width:256.5pt;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal><b><span style='font-family:"Cambria","se
--->rif"'>Trading Symbol: SBG.H</span></b><b><span style='font-family:"Cambria","serif"'><o:p></o:p></span></b></p></td></
--->tr></table><p class=MsoNormal style='text-align:justify;background:white'><span style='font-family:"Cambria","serif"'>
---><o:p> </o:p></span></p><p class=Default style='text-align:justify'><span style='font-size:11.0pt;font-family:"Cam
--->bria","serif"'>Vancouver, BC – Spirit Bear Capital Corp. (the “Company”) (TSXV: “SBG.H”)
---> has decided not to proceed with the financing announced on September 29, 2014 (as amended on October 17, 2014). The f
--->inancing is being cancelled due to unfavourable market conditions. The Company will continue to monitor the market and
---> identify appropriate opportunities as conditions improve. <o:p></o:p></span></p><p class=MsoNormal style='text-
--->align:justify;background:white'><span style='font-family:"Cambria","serif";color:black'><o:p> </o:p></span></p><p
---> class=MsoNormal style='mso-margin-bottom-alt:auto'><i><span lang=EN-CA style='font-family:"Cambria","serif"'>About th
--->e Company </span></i><i><span lang=EN-CA style='font-family:"Cambria","serif"'><o:p></o:p></span></i></p><p class=MsoN
--->ormal style='mso-margin-bottom-alt:auto;text-align:justify'><span lang=EN-CA style='font-family:"Cambria","serif"'>The
---> Company is designated as a Capital Pool Company by the Exchange. The Company has not commenced commercial operations
--->and has no assets other than cash. The only business of the Corporation is the identification and evaluation of assets
---> or businesses with a view to completing a "Qualifying Transaction" in accordance with Exchange Policy 2.4 -
---> Capital Pool Companies.<o:p></o:p></span></p><p class=MsoNormal><span lang=EN-CA style='font-family:"Cambria","serif"
--->'>On Behalf of the Board of Directors<o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Cambria","seri
--->f"'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-family:"Cambria","serif"'>“Michael Waldkirc
--->h”<o:p></o:p></span></p><p class=MsoNormal><i><u><span style='font-family:"Cambria","serif"'> &
--->nbsp;  
--->; &nb
--->sp; &
--->nbsp; <o:p></o:p></span></u></i></p><p class=MsoNormal><span style='font-family:"Cambria","serif"'>Michael Waldkirch<o
--->:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Cambria","serif"'>Chief Executive Officer, Chief Fina
--->ncial Officer and Director<o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Cambria","serif"'><o:p>&n
--->bsp;</o:p></span></p><p class=MsoNormal><span style='font-family:"Cambria","serif"'>For further information please con
--->tact:<o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Cambria","serif"'><o:p> </o:p></span></p>
---><p class=MsoNormal><span style='font-family:"Cambria","serif"'>Michael Waldkirch<o:p></o:p></span></p><p class=MsoNorm
--->al><span style='font-family:"Cambria","serif"'>Telephone: (604) 273-6955<o:p></o:p></span></p><p class=MsoNormal><span
---> style='font-family:"Cambria","serif"'><o:p> </o:p></span></p><p class=MsoNormal align=center style='text-align:c
--->enter'><span style='font-size:12.0pt;font-family:"Cambria","serif"'><o:p> </o:p></span></p><p class=MsoNormal sty
--->le='text-align:justify'><i><span style='font-size:9.0pt;font-family:"Cambria","serif";color:black'>Neither the TSX Ven
--->ture Exchange not its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchang
--->e) accepts responsibility for the adequacy or accuracy of this release. <o:p></o:p></span></i></p><p class=MsoNormal><
--->o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p></div></body></html>
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