Shelby Ventures Inc. Announces Cancellation of Proposed Non-Brokered Private Placement

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[{"type":"text","content":"\nShelby Ventures Inc. Announces Cancellation of Proposed Non-Brokered Private Placement\n\n(via Thenewswire.ca)\n\n \nVancouver, BC March 12, 2012 - SHELBY VENTURES INC.\n(\"Shelby\" or the\n\n\n \n\"Company\") announces that management has decided not to go\nforward with its private placement announced January 31st 2012, due to\nmarket conditions.\n\n\n \nAbout Shelby Ventures Inc.\n\n\n \nThe Company is a Capital Pool Company, currently listed on the NEX\nBoard of the TSX\n\n\n \nVenture Exchange. Management of the Company is actively engaged in\nassessing possible\n\n\n \nprojects with a view to completing a Qualifying Transaction. To date,\nManagement's efforts\n\n\n \nhave been focused on the resource sector and it continues to review\nopportunities as they arise.\n\n\n \nBY ORDER OF THE BOARD\n\n\n \nNeither the TSX Venture Exchange nor its Regulation Services Provider\n(as that term is defined in the policies of the\n\n\n \nTSX Venture Exchange) accepts responsibility for the adequacy or\naccuracy of this release.\n\n\n Copyright (c) 2012 Thenewswire.ca - All rights reserved.\n","length":1238,"tagName":"div"}]

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