Business
JBZ Capital Inc. Provides Update
VANCOUVER, July 29, 2011/CNW/ - Further to its news release of July 22, 2011, JBZ Capita...
About this update from Revival Gold Inc
[{"type":"text","content":"\n\n\n\n \n VANCOUVER, \n July 29, 2011/CNW/ -\n Further to its news release of July 22,\n 2011,\n JBZ Capital Inc. (TSXV: JBZ)(\"\n JBZ\") wishes to provide an update on the status of its proposed acquisition of Fertoz Pty Ltd.\n (\"\n Fertoz\").\n JBZ and Fertoz have been in active discussions to restructure the terms of their proposed transaction and JBZ is pleased to report that progress is being made.JBZ has also been in communication with the TSX Venture Exchange (the \"\n TSXV\") to ensure that the revised terms of the transaction are acceptable to the TSXV.\n JBZ will provide an additional update no later than \n August 5, 2011.\n ON BEHALF OF THE BOARD OF DIRECTORS\n \n JBZ CAPITAL INC.\n \n \n Nigel Gellard\n \n President, CEO and Director\n \n Completion of the proposed transaction with Fertoz is subject to a number of conditions, including TSXV acceptance and disinterested shareholder approval. The proposed transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the proposed transaction will be completed as proposed or at all.\n \n \n Investors are cautioned that trading in securities of JBZ Capital Inc. should be considered highly speculative.\n \n \n The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction described herein and has neither approved nor disapproved the contents of this news release.\n \n \n Neither TSX Venture Exchange nor 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 news release.\n \n \n \n Special Note Regarding Forward-Looking Statements\n \n \n \n Certain statements included herein constitute forward-looking statements. The words \"expect\", \"intend\", \"anticipate\", \"propose\" and \"may\" and similar expressions identify forward-looking statements. Forward-looking statements include, among other things, statements regarding JBZ, Fertoz and the proposed transaction. Forward-looking statements are necessarily based upon a number of estimates and assumptions, including that the proposed transaction will be completed as described. While such estimates and assumptions are considered reasonable by the management teams of JBZ and Fertoz, they are inherently subject to significant business, economic,...