Humber Capital Corporation to commence trading on TSXV

About this update from Rocky Mountain Liquor Inc.

[{"type":"text","content":"\n\n\n\nTSX-V: RUM\n\n\nTORONTO, Dec. 11 /CNW/ - Humber Capital Corporation ("Humber") is pleased\nto announce that the TSX Venture Exchange (the "Exchange") has issued a Final\nExchange Bulletin with respect to its recently completed acquisition (the\n"Acquisition") of all of the issued and outstanding securities of Anderson's\nLiquor Inc., an independent liquor retailer operating in the Province of\nAlberta. The Acquisition, together with a concurrent brokered private\nplacement of common shares (the "Private Placement"), collectively constituted\nHumber's 'Qualifying Transaction' (the "Transaction") under Exchange Policy\n2.4 - Capital Pool Companies. The Final Exchange Bulletin indicates that\nHumber's common shares will commence trading on the Exchange under the symbol\n"RUM" on December 12, 2008.\n\n\nDetails on the Transaction and related matters can be found in the filing\nstatement of Humber dated October 28, 2008 (the "Filing Statement"), which is\navailable for review at www.sedar.com. and in Humber's press release of\nDecember 1, 2008 announcing the completion of the Transaction. In addition,\nHumber wishes to clarify that of the 5,555,556 common shares previously\nannounced as issued pursuant to the Private Placement, 685,715 shares were\nissued in satisfaction of certain professional fees incurred by Humber in\nconnection with the Transaction and 4,869,841 shares were issued to\nsubscribers for cash consideration. In particular, Humber engaged National\nBank Financial Inc. ("NBF") pursuant to an engagement letter dated September\n12, 2008 to provide financial analysis and advice on financing, structuring,\nplanning, negotiating and implementing the Transaction. As compensation for\nthese services, NBF was entitled to receive a fee of $225,000 upon completion\nof the Transaction. Humber satisfied $200,000 of this fee at closing by\nissuing 634,921 common shares to NBF.\n\n\nThe TSX Venture Exchange Inc. has in no way passed upon the merits of the\nTransaction and has neither approved nor disapproved of the contents of\nthis press release.\n\n\n%SEDAR: 00026544E\n\n\n","length":2261,"tagName":"div"}]

More updates from Rocky Mountain Liquor Inc.