Humber Capital Corporation Announces $9.95 Million Dollar Credit Facility

About this update from Rocky Mountain Liquor Inc.

[{"type":"text","content":"\n\n\n\nEDMONTON, Dec. 29 /CNW/ - Humber Capital Corporation (TSXV:RUM)\n("Humber") is pleased to announce the completion of a $9,950,000 credit\nfacility (the "Facility") bearing interest at the prime rate, currently 3.5%\nper-annum, established through an agreement signed with a third party\ncommercial lender. Humber has invested the $9,950,000 drawdown in guaranteed,\nshort-term cash securities.\n\n\nHumber owns 100% of Andersons Liquor Inc. ("Andersons") headquartered in\nEdmonton Alberta, which owns and operates 18 private liquor stores in that\nprovince. The Facility may support Andersons' previously disclosed plan to\ngrow through the acquisition of private liquor stores.\n\n\nThe TSX Venture Exchange has in no way passed upon the merits of the\ntransactions, and has neither approved nor disapproved of the contents of\nthis press release.\n\n\nThis news release, as of this date, contains "forward-looking statements"\nwithin the meaning of applicable securities laws relating to potential\nacquisitions. Readers are cautioned not to place undue reliance on\nforward-looking statements. Actual results and developments may differ\nmaterially from those contemplated by these statements depending on, among\nother things, the risks that acquisitions may not materialize. If they do\nmaterialize, there remains a risk of non-execution for any reason (including\nthe failure to obtain the required approvals or clearances from regulatory\nauthorities).\n\n\n","length":1583,"tagName":"div"}]

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