Inovent Files Amendment to Amalgamation Agreement
inoVent
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
INOVENT FILES AMENDMENT TO AMALGAMATION AGREEMENT
For immediate release. Vancouver, British Columbia, November 28, 2014. Inovent Capital Inc. (TSX Venture – IVQ.P, “Inovent”) and Canada Jetlines Ltd. (“Jetlines”) have amended the definitive amalgamation agreement (the “Agreement”) previously announced by news release dated September 15, 2014, to increase the amount of the financing contemplated in the Agreement from $10 million to $50 million and to include the terms and ratio of a consolidation of Inovent’s common shares to be completed prior to the amalgamation.
The amendments to the Agreement will be posted on SEDAR at www.sedar.com under Inovent’s profile.
On behalf of the board of Inovent:
INOVENT CAPITAL INC.
Per: “David Brett”
David H. Brett, MBA Chief Executive Officer & Director
For more information, please contact:
Jetlines:
Jim Scott Chief Executive Officer Tel: 604-273-5387 [email protected] www.jetlines.ca
Inovent:
David Brett Chief Executive Officer Tel. 604-682-2421 [email protected] www.inoventcapital.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the Policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Not for distribution to U.S. news wire services or dissemination in the United States.
The securities have not been registered under the United States Securities Act of 1933 (the “Act”) or any state securities laws and may not be offered or sold absent registration under the Act and applicable state securities laws or an applicable exemption from the registration requirements thereof. This news release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction or an exemption therefrom.