Update on Quinto Real's Qualifying Transaction and Concurrent Private Placement

(firmenpresse) - LAVAL, QUEBEC -- (Marketwire) -- 07/26/12 -- Quinto Real Capital Corporation (the "Corporation" or "Quinto") (TSX VENTURE: QIT.P) wishes to give an update on its qualifying transaction and concurrent private placement previously announced on November 9, 2011 regarding the VMM-17 oil block project (the "Qualifying Transaction"). The Qualifying Transaction approval process is ongoing as preliminary documentation has been filed with regulatory authorities and is presently being reviewed.

Since this press release, the following milestones were accomplished:

Management of both parties are fully committed in finalizing the Qualifying Transaction as soon as possible.

The Corporation will file the Technical Report on SEDAR once it has been reviewed by regulatory authorities.

Neither 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.



Contacts:
For Quinto Real Capital Corporation:
Michael Curtis
President and Chief Executive Officer
Telephone: (450) 681-7744

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Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: MARKETWIRE
Datum: 26.07.2012 - 20:33 Uhr
Sprache: Deutsch
News-ID 169247
Anzahl Zeichen: 0

contact information:
Town:

LAVAL, QUEBEC

Kategorie:

Investment Services & Trading

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