News

November 29, 2011 - Third Quarter Results & Investment in ONE Inc.

FOR IMMEDIATE RELEASE TSX Venture Exchange Symbol: XI


 

 

 

Exclamation Reports Third Quarter Results and Investment in One Inc.

TORONTO, November 29, 2011 - Exclamation Investments Corporation (TSX-V:XI) (“exclamation”) today reports its third quarter financial results for the period ended September 30, 2011.

Third Quarter Highlights:

  • Completed $600K investment in Exclamation Creations Corporation, as previously announced, a wholly owned subsidiary focused on creating new businesses;
  • Incorporated One Inc., a wholly owned subsidiary of Exclamation Creations Corporation and completed a $250,000 seed investment to continue developing One Inc.; and
  • Rate of return on corporate investments 2.3% in quarter and 10.5% ROI over last 12 months.

“exclamation has accelerated and increased its investment in the creation of new businesses.” commented Marc Lavine, CEO of exclamation. “This will be a continued trend over the next year, as we move forward with the market launch of One Inc., as well as the creation of additional new businesses.”

Financial Summary
For the period ended September 30, 2011, exclamation had revenues of $54,787, comprised of interest and dividend income of $46,049, and a $8,738 unrealized gain on investments primarily from the Advantex investment. The return on corporate investments in the quarter was 2.3%.

The table below summarizes the consolidated balance sheet for the periods ended September 30, 2011 and year end December 31, 2010.

Consolidated Balance Sheet (unaudited)

 

as at

September 30, 2011

as at

December 31, 2010

 

 

 

Net working capital

$400,659

$1,046,693

Total current assets

538,007

1,124,702

Total current liabilities

137,348

78,009

Total corporate investments

2,507,068

2,434,205

Total debt

-

-

Total shareholders’ equity

2,902,727

$3,480,898

The table below summarizes the consolidated statements of income for the periods ended September 30, 2011 and 2010.

Consolidated Statements of Income (unaudited)

 

Q3

YTD September

 

July 1 –

September 30, 2011

July 1 –   September 30, 2010

January 1-  September 30, 2011

January 15 – September 30, 2010

 

 

 

 

 

Total revenues

$54,787

$62,539

$165,368

$208,506

Net unrealized gain (loss) on investments

8,738

8,000

(35,074)

56,000

Net realized gain on investments

-

-

38,500

-

Interest income

21,049

29,540

86,942

81,616

Dividend income

25,000

25,000

75,000

70,890

Expenses

122,201

63,876

293,517

249,358

 

Earnings (loss) before income taxes

 

(67,414)

 

(5,018)

 

(128,149)

 

(40,852)

 

Net income (loss)

 

$(67,414)

 

$(41,103)

 

$(128,149)

 

$(31,155)

Net income (loss) per share

$(0.00)

$(0.00)

$(0.00)

$(0.00)

For more information about exclamation, visit www.exclamation.com. Detailed financial statements and management discussion and analysis are available on www.sedar.com.

ABOUT EXCLAMATION INVESTMENTS CORPORATION
exclamation provides the opportunity for shareholders to invest in the creation of new business ideas. Exclamation is led by its founder, Marc Lavine, who was been creating businesses under the exclamation brand since his first venture as one of the co-founders of Cyberplex Inc. in 1996.

exclamation’s investment approach leverages the investing and business creation knowledge of its team to identify and invest in opportunities where active involvement creates a situation for enhanced shareholder value. exclamation seeks to create value by investing in companies at different stages of their lifecycle; be it during the initial creation stage or the managing growth stage, where fundamental changes in strategy are often required. It is during these stages where exclamation’s management believes it can have real impact on the company’s development.

Certain information in this press release may constitute forward-looking information.  This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Corporation assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Corporation.  Additional information identifying risks and uncertainties is contained in the Corporation's filings with the Canadian securities regulators, which filings are available at www.sedar.com.

Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact:
Exclamation Investments Corporation
Daniel Shields, Chief Financial Officer
t : 1 (888) 838-1666
e: info@exclamationinvestments.com
w: www.exclamationinvestments.com

September 14, 2011 - Exclamation Formalizes Investment in Creations

FOR IMMEDIATE RELEASE TSX Venture Exchange Symbol: XI


 

 

 

Exclamation Formalizes Investment in Exclamation Creations

TORONTO, September 14, 2011 - Exclamation Investments Corporation (TSX-V:XI) (“exclamation”) is pleased to announce it has finalized the details of its investment in Exclamation Creations Corporation (“Creations”), a corporation focused on creating new businesses based on its own concepts and ideas. The investment was previously approved by shareholders of exclamation at the annual and special meeting of shareholders held on July 12, 2010.

“Creations, due to its dual role as founder of the ideas and seed investor, maintains a greater portion of equity at a lower cost base compared to traditional early stage investing, commented Marc Lavine, CEO of exclamation. This "idea premium" provides exclamation investors the potential for superior returns.”

The investment will allow Creations to accelerate the commercialization of their first idea, oneCard, to market while also funding the development of new business ideas. oneCard aims to solve the problem of too many loyalty cards in the wallet. oneCard’s proprietary technology allows consumers to choose how they want to be recognized (i.e. a card, a key, a phone and more). Consumers will never miss a loyalty point and retailers will collect more data on consumers. (www.exclamation.com/one).

“This investment represents a significant milestone for shareholders” commented Daniel Shields, CFO of exclamation. “The investment will provide the funding necessary to expand the oneCard team and to continue building out its platform and partners towards full market launch.”

As contemplated in the management information circular of exclamation dated June 15, 2010, exclamation will invest through its wholly-owned subsidiary, Exclamation Investments Canada Inc., for up to $2.5 million in Class A Preferred Shares in the capital of Creations (the “Preferred Shares”) at a price of $1.00 per share as part of a proposed Preferred Share financing of up to $5 million to be completed over the next two years. An initial investment by exclamation of $700,000 for an aggregate of 700,000 Preferred Shares will be made by converting an existing $200,000 loan and by a cash subscription of $500,000 and is expected to be completed by the end of September 2011.

The authorized share capital of Creations consists of an unlimited number of common shares (the “Common Shares”), 5,000,000 Preferred Shares and one Founder Convertible Share. Upon completion of the initial investment by exclamation, exclamation shall own all of the issued and outstanding Common Shares and 700,000 Preferred Shares and Exclamation S.A., a holding company of Marc Lavine, shall own the Founder Convertible Share.

The Preferred Shares will receive preferential investment terms including but not limited to the following: (i) the Preferred Shares issued will rank in priority to all other shares in the capital of Creations; (ii) no equity or convertible securities may be issued at a lower price without an equitable adjustment to the Preferred Shares or will need to be approved by the holders of the Preferred Shares; (iii) a first right of refusal to invest additional funds in Creations and/or the companies that it creates; and (iv) the option to convert the Preferred Shares into Common Shares on a one-for-one basis, subject to customary adjustments.

The Founder Convertible Share is convertible, at any time at the option of the holder and without additional consideration, into Common Shares such that after conversion, the holder of the Founder Convertible Share will receive 33% of the then outstanding Common Shares assuming the conversion of all outstanding Preferred Shares into Common Shares. The Founder Convertible Share is non-voting except as required by law. Subject to the prior rights of any class of shares ranking in priority to the Founder Convertible Share and the Common Shares, the holder of the Founder Convertible Share shall be entitled to receive dividends on an as-converted basis if and when declared by the board of directors of the Corporation on the Common Shares. The Founder Convertible Share does not entitle the holder thereof to any preference over holders of other classes of shares of the Corporation with respect to the payment of dividends.

For more information about exclamation, visit www.exclamationinvestments.com. Detailed financial statements and management discussion and analysis are available on www.sedar.com.

Certain information in this press release may constitute forward-looking information.  This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Corporation assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Corporation.  Additional information identifying risks and uncertainties is contained in the Corporation's filings with the Canadian securities regulators, which filings are available at www.sedar.com.

Neither the 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 release.

For more information, please contact:
Exclamation Investments Corporation
Daniel Shields, Chief Financial Officer
t : 1 (888) 838-1666
e: info@exclamationinvestments.com
w: www.exclamationinvestments.com

August 18, 2011 - Second Quarter Results

FOR IMMEDIATE RELEASE TSX Venture Exchange Symbol: XI


 

 

 

Exclamation Reports Second Quarter Results

TORONTO, August 18, 2011 - Exclamation Investments Corporation (TSX-V:XI) (“exclamation”) today reports its second quarter financial results for the period ended June 30, 2011.

Second Quarter Highlights:

  • Rate of return on corporate investments increased 6%;
  • Year to date annualized ROI increased to 9%;
  • Investee company, Chrysalis Capital VIII Corporation (“Chrysalis VIII”), completed its Initial Public Offering in May, 2011 and began trading on the TSX Venture Exchange under the symbol “ETE.P”.
  • Booked a $70,000 unrealized gain on Chrysalis VIII;
  • Renewed the $500,000 secured debenture with Advantex Marketing International Inc. (“Advantex”) at an annual interest rate of 12%;
  • Increased equity investment in Advantex to over 7 million common shares and over 7 million warrants; and
  • Increased Net Asset Value to $0.125 per share (from $0.123 at March 31, 2011).

"exclamation continues to stay focused and is making significant progress on our objectives", commented Marc Lavine, CEO.  "Our investment portfolio is up despite these difficult market conditions and Exclamation Creations has taken great strides towards launching their first new venture, oneCard”.

For more information on the oneCard concept, please go to www.exclamation.com/one.

Financial Summary

For the period ended June 30, 2011, exclamation had revenues of $135,499, comprised of interest and dividend income of $60,811, and a $74,688 unrealized gain on investments primarily from the Chrysalis VIII investment. The return on corporate investments was approximately 6% in the second quarter primarily due to the unrealized gain of $70,000 on Chrysalis VIII equity.

The table below summarizes the consolidated balance sheet for the periods ended June 30, 2011 and year end December 31, 2010.

Consolidated Balance Sheet (unaudited)

June 30, 2011 December 31, 2010
Net working capital $ 1,066,585 $ 1,046,693
Total current assets $ 1,098,431 $ 1,124,702
Total current liabilities $ 31,846 $ 78,009
Total corporate investments $ 2,353,578 $ 2,434,205
Total debt $ 0 $ 0
Total shareholders’ equity $ 3,420,163 $ 3,480,898


The table below summarizes the consolidated statements of income for the periods ended June 30, 2011 and 2010. 

Consolidated Statements of Income (unaudited)

Q2 YTD
April 1 – June 30, 2011 April 1 – June 30, 2010 January 1 – June 30, 2011 January 15 – June 30, 2010
Total revenues $ 135,499 $ (74,504) $ 110,580 $ 145,966
Net unrealized gain (loss) 74,688 (128,000) (43,812) 48,000
Net realized gain - - 38,500 -
Interest income 35,811 28,496 65,892 52,076
Dividend income 25,000 25,000 50,000 45,890
Expenses 97,189 64,622 171,314 129,600
Earnings (loss) before interest 38,309 (139,126) (60,734) 16,366
Earnings (loss) before taxes 38,309 (168,319) (60,734) (35,835)
Net income (loss) $ 38,309 $ (86,500) $ (60,734) $ 9,948
Net income (loss) per share* $0.00 $(0.09) $(0.00) $0.01

* Net income (loss) per share for Q2 2010 was prior to the Qualifying Transaction that took place in July 2010 and there were 1,000,000 common shares. Post Qualifying Transaction there were 27,385,387 common shares in Q2 2011.

For more information about exclamation, visit www.exclamationinvestments.com. Detailed financial statements and management discussion and analysis are available on www.sedar.com.

ABOUT EXCLAMATION INVESTMENTS CORPORATION

exclamation provides the opportunity for shareholders to co-invest with Marc Lavine, who has been investing and creating businesses under the exclamation brand since his first venture as one of the co-founders of Cyberplex Inc. in 1996.

exclamation’s investment approach leverages the investing and business creation knowledge of Mr. Lavine to identify and invest in opportunities where active involvement creates a situation for enhanced shareholder value. exclamation seeks to create value by investing in companies at different stages of their lifecycle; be it during the initial creation stage or the managing growth stage, where fundamental changes in strategy are often required. It is during these stages where exclamation’s management believes it can have real impact on the company’s development.

Certain information in this press release may constitute forward-looking information.  This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Corporation assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Corporation.  Additional information identifying risks and uncertainties is contained in the Corporation's filings with the Canadian securities regulators, which filings are available at www.sedar.com.

Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact:

Exclamation Investments Corporation
Daniel Shields, Chief Financial Officer
t : 1 (888) 838-1666
e: info@exclamationinvestments.com
w: www.exclamationinvestments.com

June 22, 2011 - Business Update

FOR IMMEDIATE RELEASE TSX Venture Exchange Symbol: XI


 

 

 

Exclamation Announces Voting Results and Provides Business Update

TORONTO, June 22, 2011 – Exclamation Investments Corporation (TSX-V:XI) (“exclamation”) today announced that all of the resolutions proposed at its annual and special meeting of shareholders held yesterday were duly passed. The full text of the resolutions are set forth in the management information circular of exclamation dated May 12, 2011.

exclamation is also pleased to announce that it is pursuing a business creation opportunity via Exclamation Creations Corporations (“Creations”). The OneCard concept is aimed at solving the problem of too many cards in - and not in - your wallet. For more information, please go to www.exclamation.com/one.

Based on this progress, exclamation is considering increasing its investment in Creations. Further details will be disclosed when the details of the investment are finalized.

ABOUT EXCLAMATION INVESTMENTS CORPORATION

exclamation provides the opportunity for shareholders to co-invest with Marc Lavine, who has been investing and creating businesses under the exclamation brand since his first venture as one of the co-founders of Cyberplex Inc. in 1996.

exclamation’s investment approach leverages the investing and business creation knowledge of Mr. Lavine to identify and invest in opportunities where active involvement creates a situation for enhanced shareholder value. exclamation seeks to create value by investing in companies at different stages of their lifecycle; be it during the initial creation stage or the managing growth stage, where fundamental changes in strategy are often required. It is during these stages where exclamation’s management believes it can have real impact on the company’s development.

Cautionary Note Regarding Forward-Looking Statements Certain statements contained herein constitute forward-looking statements, including statements concerning exclamation’s anticipated investment in Creations and the anticipated creation of the OneCard concept. We believe the expectations reflected in those forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included herein should not be unduly relied upon. The forward-looking statements included in this press release are made as of the date of this press release and the company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Additional information identifying risks and uncertainties is contained in the Corporation's filings with the Canadian securities regulators, which filings are available at www.sedar.com.

Neither the 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 release.

For more information, please contact:

Exclamation Investments Corporation
Daniel Shields, Chief Financial Officer
t : 1 (888) 838-1666
e: info@exclamationinvestments.com
w: www.exclamationinvestments.com

May 26, 2011 - First Quarter Results

FOR IMMEDIATE RELEASE TSX Venture Exchange Symbol: XI


 


Exclamation Reports First Quarter Results

TORONTO, May 26, 2011 - Exclamation Investments Corporation (TSX-V:XI) (“exclamation”) today reported its first quarter financial statements for the period ended March 31, 2011.

First Quarter Highlights:

- Reinvested $500,000 in a secured debenture with Advantex Marketing International Inc. (“Advantex”) at an annual interest rate of 12%. In addition, received 7,075,500 million common share warrants.
- Sold 1,000,000 common shares of Advantex for a 140% return.
- Investee company, Chrysalis Capital VIII Corporation, completed an initial public offering and began trading on the TSX Venture Exchange under the symbol “ETE.P”.
- Q1 rate of return on corporate investments was flat, primarily due to the unrealized loss on the remaining Advantex equity investment.
- Net asset value decreased slightly to $0.123 per share (from $0.13 at December 31, 2010).

“We continue to optimize our investment portfolio and are pleased with the results to date”, stated Daniel Shields, Chief Financial Officer of exclamation, “Our upcoming shareholders meeting will be an exciting event as we thank our loyal investors and provide further details on our first business creation.”

Annual General Meeting and Reception
exclamation’s annual shareholders meeting is scheduled for June 21, 2011. Later that day, exclamation will host a cocktail reception for shareholders and potential investors interested in learning more about exclamation at The Fifth Grill & Terrace in Toronto.

For more information or to RSVP, please email info@exclamationinvestments.com or call 1 (888) 838-1666.

Financial Summary
For the period ended March 31, 2011, exclamation had revenues of $(24,919), comprised of interest and dividend income of $55,081, realized gain on disposition of equity investment of $38,500 and a $118,500 unrealized loss on investments. The return on corporate investments was down 1% in the first quarter primarily due to the unrealized loss of the $118,500 on Advantex equity.

The table below summarizes the consolidated balance sheet for the periods ended March 31, 2011 and year end December 31, 2010.
Consolidated Balance Sheet (unaudited)

 

March 31, 2011

December 31, 2010

Net working capital               

$ 1,098,745

$ 1,046,693

Total current assets

$ 1,124,274

$ 1,124,702

Total current liabilities

$ 25,529

$ 78,009

Total corporate investments

$ 2,283,110

$ 2,434,205

Total debt

$ 0

$ 0

Total shareholders’ equity    

$ 3,381,855

$ 3,480,898

 

The table below summarizes the consolidated statements of income for the periods ended March 31, 2011 and 2010.
Consolidated Statements of Income (unaudited)

 

January 1 – March 31, 2011

January 15 – March 31, 2010

Total revenues

$ (24,919)

$ 220,470

 

Net unrealized gain (loss)

(118,500)

176,000

 

Net realized gain

38,500

-

 

Interest income

30,081

23,580

 

Dividend income

25,000

20,890

 

Expenses

74,124

64,978

 

Earnings (loss) before interest

$ (99,043)

$ 155,492

 

Earnings (loss) before taxes

$ (99,043)

$ 132,484

 

Net income (loss)

$ (99,043)

$ 96,448

 

Net income (loss) per share*

$ (0.00)

$ 0.10

 

* Net income (loss) per share for Q1 2010 was prior to the Qualifying Transaction that took place in July 2010 and there were 1,000,000 common shares. Post Qualifying Transaction there were 27,385,387 common shares in Q1 2011.

For more information about exclamation, visit www.exclamationinvestments.com. Detailed financial statements and management discussion and analysis are available on www.sedar.com.

ABOUT EXCLAMATION INVESTMENTS CORPORATION
exclamation provides the opportunity for shareholders to co-invest with Marc Lavine, who has been investing and creating businesses under the exclamation brand since his first venture as one of the co-founders of Cyberplex Inc. in 1996.

exclamation’s investment approach leverages the investing and business creation knowledge of Mr. Lavine to identify and invest in opportunities where active involvement creates a situation for enhanced shareholder value. exclamation seeks to create value by investing in companies at different stages of their lifecycle; be it during the initial creation stage or the managing growth stage, where fundamental changes in strategy are often required. It is during these stages where exclamation’s management believes it can have real impact on the company’s development.

Certain information in this press release may constitute forward-looking information.  This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Corporation assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Corporation.  Additional information identifying risks and uncertainties is contained in the Corporation's filings with the Canadian securities regulators, which filings are available at www.sedar.com.

Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact:
Exclamation Investments Corporation
Daniel Shields, Chief Financial Officer
t : 1 (888) 838-1666
e: info@exclamationinvestments.com
w: www.exclamationinvestments.com

May 18, 2011 - Exclamation Renews Advantex Debenture Investment

FOR IMMEDIATE RELEASE TSX Venture Exchange Symbol: XI


 


Exclamation Renews Debenture Investment in Advantex Marketing International Inc.

TORONTO, May 18, 2011 - Exclamation Investments Corporation (TSXV:XI) (“exclamation”) renewed its non-convertible debt in Advantex Marketing International Inc. (“Advantex”), a leading specialist in merchant funding and loyalty marketing programs.

Exclamation renewed its $500,000 debenture investment in Advantex on May 13, 2011. This debenture will yield 12.0 percent annually, payable semi-annually and will mature on September 30, 2013. In addition, exclamation also received 14,151 common share warrants for every $1,000 units for a total 7,075,500 common share warrants exercisable at $0.04/share during the term of the debenture.

“Since our initial investment in 2008, Mr. Ambrose, CEO and President of Advantex, has brought positive changes to the company in its strategic direction and has led the company to profitability” commented Marc Lavine, CEO of exclamation. “Exclamation has the upmost confidence in Advantex’s management which was a fundamental reason we chose to renew our investment. Exclamation will continue to work with Advantex to find ways to increase value.”

This transaction was made for investment purposes and exclamation may increase or decrease its investment in Advantex depending on market conditions or other relevant factors.

For more information about exclamation, visit www.exclamationinvestments.com or visit www.sedar.com for detailed financial statements.

ABOUT EXCLAMATION INVESTMENTS CORPORATION

Exclamation provides the opportunity for shareholders to co-invest with Marc Lavine, who has been investing and creating businesses under the exclamation brand since his first venture as one of the co-founders of Cyberplex Inc. in 1996.

Exclamation’s investment approach leverages the investing and business creation knowledge of Mr. Lavine to identify and invest in opportunities where active involvement creates a situation for enhanced shareholder value. Exclamation seeks to create value by investing in companies at different stages of their lifecycle; be it during the initial creation stage or the managing growth stage, where fundamental changes in strategy are often required. It is during these stages where exclamation’s management believes it can have real impact on the company’s development.

Certain information in this press release may constitute forward-looking information.  This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Corporation assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Corporation.  Additional information identifying risks and uncertainties is contained in the Corporation's filings with the Canadian securities regulators, which filings are available at www.sedar.com.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact:

Exclamation Investments Corporation
Daniel Shields, Chief Financial Officer
t : 1 (888) 838-1666
e: info@exclamationinvestments.com
w: www.exclamationinvestments.com

May 9, 2011 - Exclamation Investee Chrysalis VIII Completes IPO

FOR IMMEDIATE RELEASE

TSX Venture Exchange Symbol: XI

 


Exclamation Investee Chrysalis Capital VIII Corporation

Completes Initial Public Offering

TORONTO, May 9, 2011 – Exclamation Investments Corporation (TSX-V:XI) (“Exclamation”) is pleased to report that one of its investee companies, Chrysalis Capital VIII Corporation (“Chrysalis VIII”), a capital pool company (“CPC”), has completed its initial public offering for gross proceeds of $400,000.

“Through our strategic relationship with The Chrysalis Capital Group, Exclamation was able to invest in the seed round of Chrysalis VIII, creating an opportunity for significant returns,” commented Marc Lavine, Chairman of Exclamation. “We look forward to strengthening our relationship with Chrysalis as we continue to seek out and deliver unique investment opportunities to our shareholders.”

It is anticipated that the common shares of Chrysalis VIII will commence trading on the TSX Venture Exchange (the “TSX-V”) on May 10, 2011 under the stock symbol “ETE.P”.

Chrysalis VIII is The Chrysalis Capital Group Inc.’s (“TCCG”) eighth CPC, continuing a long-standing strategy of offering their investors a "portfolio" approach to the exciting, high-risk, high-reward nature of CPCs. For more information about TCCG and the TSX-V’s CPC Program, please visit The Chrysalis Capital Group’s website at www.tccg.ca.

 

ABOUT EXCLAMATION INVESTMENTS CORPORATION

Exclamation provides the opportunity for shareholders to co-invest with Marc Lavine, who has been investing and creating businesses under the Exclamation brand since his first venture as one of the co-founders of Cyberplex Inc. in 1996.

Exclamation’s investment approach leverages the investing and business creation knowledge of Mr. Lavine to identify and invest in opportunities where active involvement creates a situation for enhanced shareholder value. Exclamation seeks to create value by investing in companies at different stages of their lifecycle; be it during the initial creation stage or the managing growth stage, where fundamental changes in strategy are often required. It is during these stages where Exclamation’s management believes it can have real impact on the company’s development.

Certain information in this press release may constitute forward-looking information. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. Exclamation assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking-statements unless and until required by securities laws applicable to Exclamation. Additional information identifying risks and uncertainties is contained in exclamation's filings with the Canadian securities regulators, which filings are available at www.sedar.com.

Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact:

Exclamation Investments Corporation

Daniel Shields, Chief Financial Officer

t : 1 (888) 838-1666

e: info@exclamationinvestments.com

w: www.exclamationinvestments.com

April 28, 2011 - Year End Audited 2010 Financial Results

FOR IMMEDIATE RELEASE TSX Venture Exchange Symbol: XI


 

 

 

 

Exclamation Reports 2010 Year End Audited Financial Results


TORONTO, April 28, 2011 - Exclamation Investments Corporation (TSXV:XI) (“exclamation”) today reported its first year-end audited consolidated financial statements for the year ended December 31, 2010.

Highlights:

  • Completed a qualifying transaction (the “Qualifying Transaction”) with Chrysalis Capital VI Corporation (“Chrysalis VI”) on July 14, 2010.
  • Raised over $750,000 via a private placement financing that was completed concurrently with the closing of the Qualifying Transaction with Chrysalis VI.
  • exclamation’s corporate investments were over $2.3 million upon closing of the Qualifying Transaction.
  • 2010 annual rate of return on corporate investments was 13.4% with $292K in investment revenue.
  • Net asset value increased to $0.13 per share net of all costs associated with the public listing.

“With the foundation now set, we have turned our energies on creating new business ideas to be launched in 2011,” commented Marc Lavine, Chief Executive Officer of exclamation. “While work is being done on the launch of new businesses, we continue to focus on maximizing returns on our active investments to further create shareholder value.”

Financial Summary

For the year ended December 31, 2010, exclamation had revenues of $292,000, which included interest and dividend income of $212,000 and $80,000 in unrealized gains on investments.

exclamation’s corporate investments increased to approximately $2.4 million and new investments were made during the year into Exclamation Creations and Chrysalis Capital VIII Corporation, a capital pool company, under the policies of the TSX Venture Exchange (“TSXV”).

The tables below summarize the consolidated balance sheet and consolidated statements of income for the year ended December 31, 2010.

Consolidated Balance Sheet

As of December 31, 2010

As of December 31, 2010
Net working capital $,1046,693
Total current assets $ 1,124,702
Total current liabilities $ 78,009
Total corporate investments $ 2,434,205
Total debt $ 0
Total shareholders' equity $ 3,480,898


 

 

 

 

 

Consolidated Statements of Income

Year Ended
Total revenues $ 292,680
Net unrealized gains $ 80,000
Interest income $ 116,790
Dividend income $ 95,890
Expenses $ 299,904
Income (loss) before interest $ (7,224)
Income (loss) before taxes $ (67,303)
Net income (loss) $ (67,303)
Net income (loss) per share $ (0.0)


For more information about exclamation, visit www.exclamationinvestments.com

Detailed financial statements and management discussion and analysis are available on www.sedar.com.

 

ABOUT EXCLAMATION INVESTMENTS CORPORATION

exclamation provides the opportunity for shareholders to co-invest with Marc Lavine, who has been investing and creating businesses under the exclamation brand since his first venture as one of the co-founders of Cyberplex Inc. in 1996.

exclamation’s investment approach leverages the investing and business creation knowledge of Mr. Lavine to identify and invest in opportunities where active involvement creates a situation for enhanced shareholder value. exclamation seeks to create value by investing in companies at different stages of their lifecycle; be it during the initial creation stage or the managing growth stage, where fundamental changes in strategy are often required. It is during these stages where exclamation’s management believes it can have real impact on the company’s development.

 

Certain information in this press release may constitute forward-looking information.  This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Corporation assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Corporation.  Additional information identifying risks and uncertainties is contained in the Corporation's filings with the Canadian securities regulators, which filings are available at www.sedar.com.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

 

For more information, please contact:

Exclamation Investments Corporation

Daniel Shields, Chief Financial Officer

t : 1 (888) 838-1666

e: info@exclamationinvestments.com

w: www.exclamationinvestments.com

Click here to download PDF

November 30, 2010 - Third Quarter Results

FOR IMMEDIATE RELEASE TSX Venture Exchange Symbol: XI


 

 

Exclamation Reports Third Quarter Results


TORONTO, November 30, 2010 - Exclamation Investments Corporation (TSXV:XI) (“exclamation”) today reports its first consolidated financial statements as a listed company on the TSX Venture Exchange for the third quarter ended September 30, 2010.


Third Quarter Highlights

  • Completed the Qualifying Transaction with Chrysalis Capital VI Corporation (“Chrysalis VI”) on July 14, 2010.
  • Raised over $750,000 via a private placement that closed concurrently with the closing of the Qualifying Transaction with Chrysalis VI.
  • Maintained net asset value of $0.13 per share net of all costs associated with the public listing.

“Completing the reverse take-over of Chrysalis VI represented a significant milestone for exclamation and an important step in establishing the foundation of a strong investment company,” commented Marc Lavine, Chief Executive Officer of exclamation. “We’re now well positioned to focus our energies on maximizing returns on our active investments and further developing our new business ideas as we seek to accelerate shareholder value.”


Investor Relations

Management is disappointed with the price of exclamation’s shares, which have recently traded at a greater than 50% discount to their net asset value of approximately $0.13 per share. While representing a great opportunity for new and existing shareholders to purchase shares, management is committed to working towards a share price that more accurately reflects exclamation’s value. As such, and in addition to exclamation repurchasing shares on the open market as previously announced on July 21, 2010, exclamation will implement a significantly enhanced investor relations program over the next six months.


Operational Update

Management, along with exclamation’s investment committee, will continue to review the existing portfolio of investments with the goal of optimizing the mix of revenues derived from dividends and/or interest with those from capital gains. Specific to the fourth quarter, management will be making its recommendations relating to exclamation’s debenture investment in Advantex Marketing International (TSXV: ADX) that matures December 31, 2010. Additionally, within the next six months, Exclamation Creations (“creations”) intends on announcing and launching its first new business concept; an original idea in which significant progress has already been made on market research, financial due diligence, and identification of key team members.


Financial Summary

The tables below summarize the consolidated balance sheet and consolidated statements of income for the third quarter ended September 30, 2010.


Consolidated Balance Sheet

As of September 30, 2010
Net working capital $1,239,229
Total current assets 1,329,778
Total current liabilities 90,549
Total corporate investments 2,312,937
Total debt 0
Total shareholders’ equity $3,561,863


Consolidated Statements of Income

Three Months Ended Nine Months Ended
Total Revenues $62,539 $208,506
Net unrealized gains 8,000 56,000
Interest income 29,540 70,890
Dividend income 25,000 81,616
Expenses 67,557 249,358
Earnings (losses) before taxes (5,018) (40,852)
Net income (loss) $(41,103) $(31,155)
Net income (loss) per share $(0.00) $(0.00)


For more information about exclamation, visit www.exclamationinvestments.com


Detailed financial statements and management discussion and analysis are available on
www.sedar.com .


ABOUT EXCLAMATION INVESTMENTS CORPORATION

exclamation provides the opportunity for shareholders to co-invest with Marc Lavine, who has been investing and creating businesses under the exclamation brand since his first venture as one of the co-founders of Cyberplex Inc. in 1996.


exclamation’s investment approach leverages the investing and business creation knowledge of
Mr. Lavine to identify and invest in opportunities where active involvement creates a situation for enhanced shareholder value. exclamation seeks to create value by investing in companies at

different stages of their lifecycle; be it during the initial creation stage or the managing growth stage, where fundamental changes in strategy are often required. It is during these stages where exclamation’s management believes it can have real impact on the company’s development.


Certain information in this press release may constitute forward-looking information. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Corporation assumes no obligation to update the forward-looking statements, or to

update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Corporation. Additional information identifying risks and uncertainties is contained in the Corporation's filings with the Canadian securities regulators, which filings are available at www.sedar.com.


For more information, please contact:


Exclamation Investments Corporation

Daniel Shields, Chief Financial Officer

t : 1 (888) 838-1666

e: info@exclamationinvestments.com

w: www.exclamationinvestments.com

July 16, 2010 - Chrysalis Completes Qualifying Transaction with Exclamation

FOR IMMEDIATE RELEASE                                                       TSX Venture Exchange Symbol: CPC.P

CHRYSALIS CAPITAL VI CORPORATION COMPLETES QUALIFYING TRANSACTION WITH EXCLAMATION INVESTMENTS CORPORATION;

SHARES TO COMMENCE TRADING UNDER SYMBOL “XI”

 

July 16, 2010 - Toronto, Ontario –Chrysalis Capital VI Corporation (the “Corporation” or “Chrysalis”) is pleased to announce that it has completed its previously announced qualifying transaction (the “Qualifying Transaction”) with Exclamation Investments Corporation (“Exclamation”).

 

The Qualifying Transaction received unanimous approval of the majority of the minority of shareholders of Chrysalis who voted at the annual and special meeting of the shareholders held on July 12, 2010 and was subsequently completed on July 14, 2010. A copy of the information circular relating to the Qualifying Transaction is available on SEDAR at www.sedar.com.

 

 

“We’re very pleased with the unanimous response received from our shareholders,” commented Robert Munro, President of Chrysalis. “Finding a transaction that we felt provided value to our shareholders and was financeable in these volatile markets took a long time and we now look forward to turning our attention to closing Chrysalis VII’s qualifying transaction and the IPO of Chrysalis VIII in the coming months.”

 

Immediately prior to the completion of the Qualifying Transaction, Exclamation closed a private placement (the “Exclamation Financing”) of an aggregate of 15,015,160 common shares (the “Exclamation Common Shares”) for aggregate gross proceeds of approximately $750,000. The net proceeds of the private placement are intended to be used primarily for investment purposes. The 15,015,160 Exclamation Common Shares were subsequently exchanged for 5,005,054 common shares in the capital of Chrysalis (the “Common Shares”) in connection with the Qualifying Transaction.

 

“During the going-public process we successfully raised capital from 65 new shareholders,” commented Marc Lavine, Chairman of Exclamation. “This is a great vote of confidence in Exclamation’s business plan.”

 

“Completing this transaction is an important first step for Exclamation,” stated Daniel Shields, Chief Financial Officer of Exclamation. “Now, as a publicly listed company, the foundation has been established to allow us to execute on our strategy.”

 

Pursuant to the terms of the Qualifying Transaction, the holders of the outstanding Exclamation Common Shares have exchanged such shares for Common Shares on a one Common Share for every three Exclamation Common Shares basis and the holder of the one founder convertible share of Exclamation exchanged such share for one founder convertible share of Chrysalis (the “Founder Convertible Share”). Chrysalis also filed articles of amendment to change its name to “Exclamation Investments Corporation” and to create the Founder Convertible Share.

 

The Founder Convertible Share is convertible, at any time at the option of the holder and without additional consideration, into Common Shares such that after conversion, the holder of the Founder Convertible Share will receive 4,912,656 Common Shares, being such number of Common Shares as if it held 15% of the issued and outstanding Common Shares calculated immediately after the completion of the Qualifying Transaction. The Founder Convertible Share is non-voting except as required by law. Subject to the prior rights of any class of shares ranking in priority to the Founder Convertible Share and the Common Shares, the holder of the Founder Convertible Share shall be entitled to receive dividends on an as-converted basis if and when declared by the board of directors of the Corporation on the Common Shares. The Founder Convertible Share does not entitle the holder thereof to any preference over holders of other classes of shares of the Corporation with respect to the payment of dividends.

 

As a result of the completion of the Qualifying Transaction, the Corporation currently has 27,838,387 Common Shares issued and outstanding (35,659,882 Common Shares on a fully-diluted basis), consisting of 15,338,387 Common Shares issued to holders of Exclamation Common Shares and 12,500,000 Common Shares currently held by shareholders of the Corporation.

 

Pursuant to the terms of an escrow agreement (the “Escrow Agreement”) dated July 14, 2010 among the Corporation, Equity Transfer & Trust Company and certain escrowed securityholders, an aggregate of 12,541,668 Common Shares have been placed in escrow, whereby 10% of such shares will be released immediately upon the issuance of the TSX Venture Exchange (the “Exchange”) bulletin evidencing final acceptance of the Qualifying Transaction and the balance of such shares will be released in equal tranches of 15% every six months thereafter. In addition, options to purchase an aggregate of 1,533,840 Common Shares and the Founder Convertible Share are subject to the terms of the Escrow Agreement, whereby 15% of any shares issuable upon the exercise of such options or conversion of the Founder Convertible Share will be released every six months in accordance with the same release schedule.

 

The board of directors now consists of Marc Lavine, Daniel Shields, Robert Munro, Jim Kranias and Michael Wolfe. Marc Lavine is the Chairman and Chief Executive Officer and Daniel Shields is the Chief Financial Officer and Corporate Secretary.

 

The Corporation is no longer considered a Capital Pool Company and trading of the Common Shares is scheduled to resume on the Exchange on Tuesday, July 20, 2010 under the name “Exclamation Investments Corporation” and trading symbol “XI”.

 

Union Securities Ltd. acted as sponsor in connection with the Qualifying Transaction.

 

For more information concerning Exclamation, please visit www.exclamationinvestments.com.

 

ABOUT EXCLAMATION INVESTMENTS CORPORATION

Exclamation provides the opportunity for shareholders to co-invest with Marc Lavine, who has been investing and creating businesses under the Exclamation brand since his first venture as one of the co-founders of Cyberplex Inc. in 1996.

 

Exclamation’s investment approach will seek to leverage the investing and business creation expertise of Mr. Lavine to identify and invest in opportunities where active involvement creates a situation for enhanced shareholder value. Exclamation will seek to create value by investing in companies at dichotomous stages of their lifecycle; be it during the initial creation stage or the managing growth stage, where fundamental changes in strategy are often required. It is during these stages where Exclamation’s management believes it can have real impact on the company’s development.

 

Exclamation will seek to use this diversified approach to combine predictable, stable cash flow from more mature investments with the significant potential returns from start-ups. Exclamation believes this investment philosophy will distinguish it amongst its peers and provide unique investment opportunities not typically available to many investors.

 

The TSXV has in no way passed upon the merits of the Qualifying Transaction and has neither approved nor disapproved the contents of this press release. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Certain information in this press release may constitute forward-looking information.  This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Corporation assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Corporation.  Additional information identifying risks and uncertainties is contained in the Corporation's filings with the Canadian securities regulators, which filings are available at www.sedar.com.

For more information, please contact:

 

Exclamation Investments Corporation

Marc Lavine, Chief Executive Officer

Daniel Shields, Chief Financial Officer

t : 1 (888) 838-1666

e: info@exclamationinvestments.com

w: www.exclamationinvestments.com

June 23, 2010 - Chrysalis VI Receives Conditional Approval from TSXV

FOR IMMEDIATE RELEASE   
TSX Venture Exchange Symbol: CPC.P

 

CHRYSALIS CAPITAL VI CORPORATION
RECEIVES CONDITIONAL APPROVAL FROM TSXV

Toronto, June 23, 2010 - Chrysalis Capital VI Corporation (“Chrysalis”) is pleased to announce that it has received conditional approval from the TSX Venture Exchange for its previously announced proposed qualifying transaction (the “Qualifying Transaction”) with Exclamation Investments Corporation.

The Qualifying Transaction is subject to the approval of the majority of the minority of shareholders of Chrysalis at an annual and special meeting of the shareholders of Chrysalis scheduled for July 12, 2010. A copy of the information circular relating to the Qualifying Transaction is available on SEDAR at www.sedar.com. The Qualifying Transaction is anticipated to close on or about July 14, 2010.

ABOUT CHRYSALIS CAPITAL VI CORPORATION

Chrysalis Capital VI Corporation is The Chrysalis Capital Group Inc.’s (“TCCG”) sixth capital pool company (“CPC”). TCCG is entirely focused on generating superior shareholder returns through the creation of a series of unique CPCs. To date, TCCG has created seven Chrysalis branded CPCs and has assisted in the creation of four additional CPCs under TCCG’s partners program. For more information about TCCG, please visit www.tccg.ca.

Completion of the Qualifying Transaction is subject to a number of conditions, including but not limited to, final acceptance from the TSX Venture Exchange. There can be no assurance that the Qualifying Transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the Information Circular prepared in connection with the Qualifying Transaction, any information released or received with respect to the Qualifying Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of Chrysalis should be considered highly speculative.

The TSX Venture Exchange has in no way passed upon the merits of the Qualifying Transaction and has neither approved nor disapproved the contents of this press release.

Certain information in this press release may contain forward-looking statements. Forward-looking statements in this press release include, but are not limited to, statements with respect to closing or completion of the Qualifying Transaction. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. Chrysalis assumes no obligation to update the forward-looking statements unless and until required by applicable securities laws. Additional information identifying risks and uncertainties is contained in filings by Chrysalis with the Canadian securities regulators, which filings are available at www.sedar.com.

NEITHER THE 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 RELEASE.

For more information, please contact:

Chrysalis Capital VI Corporation  
Exclamation Investments Corporation
Robert Munro, President  
Marc Lavine, Chief Executive Officer

Daniel Shields, Chief Financial Officer
t: (877) 272-4073 t : 1 (888) 838-1666
e: contact@tccg.ca e: info@exclamationinvestments.com
w: www.tccg.ca  
w: www.exclamationinvestments.com

 

 

April 9, 2010 - Exclamation Signs Agreement with Chrysalis Captial VI

FOR IMMEDIATE RELEASE

TSX Venture Exchange Symbol: CPC.P

 

Chrysalis Capital VI Corporation
Annouces Qualifying Transaction

April 9, 2010 – Toronto, Ontario – Chrysalis Capital VI Corporation (“Chrysalis VI” or the “Corporation”) is pleased to announce that it has entered into a definitive acquisition agreement with Exclamation Investments Corporation (“Exclamation Investments”), which sets forth the terms and conditions pursuant to which Chrysalis VI will acquire all of the issued and outstanding shares in the capital of Exclamation Investments (the “Proposed Transaction”).

ABOUT EXCLAMATION INVESTMENTS
Exclamation Investments, a newly formed investment corporation incorporated under the laws of the Province of Ontario, provides the opportunity for shareholders to co-invest with its founder, Marc Lavine, who has been investing and creating businesses under the Exclamation brand since his first venture as one of the co-founders of Cyberplex Inc. in 1996. Mr. Lavine’s principal place of residence is Paris, France.

The Exclamation Investments approach will seek to leverage the investing and business creation expertise of Mr. Lavine to identify and invest in opportunities where active involvement creates a situation for enhanced shareholder value. Exclamation Investments will seek to create value by investing in companies at dichotomous stages of their lifecycle; be it during the initial creation stage or the managing growth stage, where fundamental changes in strategy are often required. It is during these stages where Exclamation Investment’s management believes it can have real impact on the company's development.

Exclamation Investments will also actively invest in Exclamation Creations Corporation, an entity created and managed by Mr. Lavine to transform new ideas into business ventures.

Exclamation Investments will seek to use this diversified approach to combine predictable, stable cash flow from more mature investments with the significant potential returns from start-ups. Exclamation Investments believes this investment philosophy will distinguish  it amongst its peers and provide unique investment opportunities not typically available to most investors.

ABOUT MARC LAVINE
Since 1996, Mr. Lavine has been involved as a founder and/or an active investor in several companies including;

  • Cyberplex Inc. – a leader in providing web advertising solutions, online customer acquisition strategies and technology development;
  • Points International Ltd. (“Points”) - the world's leading reward-program management portal offering proprietary solutions to the loyalty industry and operator of Points.com;
  • The Chrysalis Capital Group Inc. – expert at generating superior shareholder returns through the creation of a series of unique Capital Pool Companies;  and
  • Advantex Marketing International Inc. – a specialist in managing white-labeled rewards programs for major affinity groups.

 

Mr. Lavine has already invested over $2 million of personal capital in Exclamation Investments.

The Evolution of Exclamation Investments
Founded in 1997 by Marc Lavine, Exclamation International Incorporated (“Exclamation International”), an “internet business generator”, was listed on the TSX Venture Exchange (the “TSXV”) in 2000 via a Qualifying Transaction with a Capital Pool Company. Exclamation International’s most notable creation, Points, grew from conception to become the world’s first loyalty points management portal, currently transacting over 1 billion rewards points monthly.

Following the success of Points, Exclamation International was privatized, and Mr. Lavine continued identifying unique investment opportunities and creating new businesses. The Exclamation business creation model has matured, strengthened and evolved over the past ten years into a diversified approach to investing and business creation.

Exclamation Investments, a new investment corporation formed in January 2010, provides the opportunity for shareholders to invest in a corporation to be listed on the TSXV.

The Proposed Transaction
The Proposed Transaction is a non-arm’s length transaction as Mr. Lavine is a principal shareholder, director and officer of Chrysalis VI and as well as the current sole shareholder of Exclamation Investments.  Mr. Lavine currently holds 3,340,000 common shares of Chrysalis VI (representing approximately 26.72% of the issued and outstanding common shares of Chrysalis VI),  as well as options to acquire a further 562,500 common shares of Chrysalis VI at a price of $0.20 per share until April 12, 2013.

Additionally, the Proposed Transaction will constitute a “related party transaction”, as that term is defined pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”) and will be subject to the requirements of same. Accordingly, the Proposed Transaction is subject to the approval of the majority of the minority of Chrysalis VI’s shareholders. The Proposed Transaction has been approved by Chrysalis VI’s independent board members, being Geoff Rotstein and Bruce Reid.

In connection with the Proposed Transaction, Exclamation Investments intends to complete a brokered private placement of equity-based securities for minimum gross proceeds of $500,000, the terms of which have not yet been finalized.

When completed, the Proposed Transaction will constitute Chrysalis VI’s qualifying transaction pursuant to the policies of the TSXV, and is subject to compliance with all necessary regulatory and other approvals and certain other terms and conditions.

A comprehensive press release with further particulars relating to the Proposed Transaction will follow in accordance with the policies of the TSXV.

ABOUT CHRYSALIS CAPITAL VI CORPORATION
Chrysalis Capital VI Corporation is The Chrysalis Capital Group Inc.’s (“TCCG”) sixth capital pool company (“CPC”). TCCG is focused on generating superior shareholder returns through the creation of a series of unique CPCs. To date, TCCG has created seven Chrysalis branded CPCs and has assisted in the creation of four additional CPCs under TCCG’s partners program. For more information about TCCG, please visit www.tccg.ca.

Completion of the proposed transaction is subject to a number of conditions, including but not limited to, TSXV acceptance. There can be no assurance that the transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the information circular to be prepared in connection with the proposed transaction, any information released or received with respect to the proposed transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a CPC should be considered highly speculative.

The TSXV has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Certain information in this press release may constitute forward-looking information.  This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Corporation assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Corporation.  Additional information identifying risks and uncertainties is contained in the Corporation's filings with the Canadian securities regulators, which filings are available at www.sedar.com.

For more information, please contact:

Chrysalis Capital VI Corporation
Robert Munro, President and CFO
T: (888) 448-4946
contact@tccg.ca
www.tccg.ca
Exclamation Investments Corporation
Marc Lavine, Chairman and CEO
T: (888) 448-1666
contact@exclamation.com
www.exclamation.com

Click here to download PDF


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