The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from CNW Group

PACEpartners Inc. grants options

Friday, April 13, 2012

PACEpartners Inc. grants options08:00 EDT Friday, April 13, 2012/NOT FOR DISTRIBUTION TO THE UNITED STATES WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/CALGARY, April 13, 2012 /CNW/ - PACEpartners Inc. (PACEpartners) (TSXV: PIA.P), a capital pool company, wishes to announce that on April 10, 2012 it granted an aggregate of 130,833 options to the directors of PACEpartners at an exercise price of $0.20 per share, exercisable for a maximum period of 10 years from the date of the grant.The principal business of PACEpartners is the identification and evaluation of assets or businesses with a view of completing a "Qualifying Transaction" under the capital pool company program of the TSXV, as disclosed in PACEpartners' prospectus dated January 24, 2012, which is available at www.sedar.com.The securities mentioned herein have not been and will not be registered under the United States Securities Act of 1933, as amended, or the securities laws of any state, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.  This press release does not constitute an offer to sell or the solicitation of any offer to buy these securities in any jurisdiction.INVESTORS ARE CAUTIONED THAT TRADING IN THE SECURITIES OF A CAPITAL POOL COMPANY SHOULD BE CONSIDERED HIGHLY SPECULATIVE.NEITHER TSX VENTURE EXCHANGE INC. NOR ITS REGULATION SERVICE 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 further information: Chester J Jachimiec Director, Vice-President, Chief Financial Officer and Corporation Secretary (281) 488-6508