Bradstone Capital Corp. (Formerly HPB Investments Inc.) Announces Completion of RTO Transaction

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[{"type":"text","content":"Bradstone Capital Corp. (Formerly HPB Investments Inc.) Announces Completion of RTO TransactionTORONTO, ON / ACCESSWIRE / January 4, 2016 / Bradstone Capital Corp. (Formerly HPB Investments Inc.) (\"Bradstone Capital\") and Fountain Asset Corp. (TSXV: FA) (\"Fountain Asset\") (Formerly GC-Global Capital Corp.) are pleased to announce that effective December 31, 2015, Bradstone Capital has completed a reverse takeover transaction with Bradstone Financial Corp. (\"Bradstone Financial\").\nAs previously announced in Bradstone Capital's press releases dated January 28, 2015 and August 17, 2015, the Bradstone Capital entered into an agreement with Bradstone Financial that constituted a reverse take-over of the Bradstone Capital. Effective December 31, 2015 and as approved at the shareholder meeting of Bradstone Capital held on September 8, 2015, the Corporation:\na) changed its name to Bradstone Capital Corp.;\nb) changed the composition of its Board of Directors to Chris Carmichael, Jason Ewart, Michael Allen and Alec Regis;\nc) appointed Chris Carmichael as Chief Executive Officer;\nd) consolidated its 15,780,000 common shares on a twelve (12) for one basis resulting in 1,315,000 new common shares (the \"Consolidated Common Shares\");\ne) created new series of shares including subordinate voting shares (the \"SV Shares\"), multiple voting shares (the \"MV Shares\") and preference shares;\nf) converted the Consolidated Common Shares into 1,315,000 SV Shares;\ng) issued 1,565,757 SV Shares in shares for debt transactions with Bradstone Capital's director Michael Allen and Bradstone Capital's former director Harry Blum;\nh) issued 17,335,578 SV Shares and 8,667,353 MV Shares to Bradstone Financial shareholders (effective December 31, 2015, the date that Bradstone Financial became a reporting issuer, Fountain Asset, who owned 100% of Bradstone Financial in the form of 17,335,578 subordinate voting shares and 8,667,353 multiple voting shares, exchanged those shares on a one for one basis with Fountain Asset shareholders who owned 17,335,578 Fountain Asset Class A Preferred Shares and 8,667,353 Fountain Asset Class B Preferred Shares);\ni) changed its registered address to 273 Tweed Street, Cobourg, Ontario, K9A 2R8.\nBradstone Capital has received conditional approval to list its 20,216,335 SV Shares on the Canadian Securities Exchange ...

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