Business & Finance
Business and Finance
Business and Finance
Mon, April 2, 2012 Jinhua Capital Corporation Announces Termination of Proposed Non-Brokered Private Placement and Resignation of Director
April 02, 2012 12:41 ET
Jinhua Capital Corporation Announces Termination of Proposed Non-Brokered Private Placement and Resignation of Director
CALGARY, ALBERTA--(Marketwire - April 2, 2012) - Jinhua Capital Corporation (the "Corporation") (TSX VENTURE:JHC.P) announces that it will not be proceeding with the non-brokered private placement previously announced in its Press Release dated March 1, 2012.
The Corporation also announces that Zahir (Zip) Dhanani has resigned as a director of the Corporation.
About Jinhua Capital Corporation
The Corporation is a Capital Pool Corporation under the policies of the TSX Venture Exchange whose principal business is the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction. The Corporation has not commenced commercial operations and has no assets other than a minimum amount of cash.
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.
