Flagship announces termination of proposed business combination and stock returning to trade

About this update from Bravern Ventures Ltd.

[{"type":"text","content":"\n\n\n\nTRADING SYMBOL: TSX-V: FII\n\n\nVANCOUVER, Aug. 12 /CNW/ - Flagship Industries Inc. (TSXV: FII)\n("Flagship" or the "Company") announces that it has terminated its letter\nagreement dated April 7, 2009 with respect to the proposed business\ncombination with Charonga Financial Corp. ("Charonga"), originally announced\nApril 8, 2009. The transaction has been cancelled through the mutual agreement\nby the parties, and the stock which was previously halted will come back to\ntrade at market open on Friday August 14th, 2009.\n\n\nThe Company will continue to pursue opportunities in the natural resource\nsector.\n\n\nFurther information concerning Flagship can be found on Flagship's SEDAR\nprofile at www.sedar.com.\n\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as\nthat term is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\n\n","length":1055,"tagName":"div"}]

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