And Does Not Constitute an Offer of the Securities Described Herein Ring the Bell Capital Corp.
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO
U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE
SECURITIES DESCRIBED HEREIN
RING THE BELL CAPITAL CORP.
FOR IMMEDIATE RELEASE
TORONTO, ONTARIO – March 6, 2018 – Ring the Bell Capital Corp. (TSXV: RTB.P) (the
"Corporation") is pleased to announce that it has completed an initial public offering of 8,000,000
common shares of the Corporation (the “ Common Shares”) at a price of $0.10 per Common Share
for gross proceeds of $800,000 (the "Offering").
Following the closing of the Offering, a total of 12,700,020 Common Shares are issued and
outstanding, of which 4,700,020 are currently held in escrow pursuant to the policies of the TSX
Venture Exchange (the "Exchange").
The current directors and officers of the Corporation are Chris Tate, Chief Executive Officer and a
Director, Shaun Heinrichs, Chief Financial Officer and Corporate Secretary, Kevin Reid, Director,
Blair Schultz, Director and Conor Dooley, Director. The net proceeds of the Offering, together with
proceeds from prior sales of Common Shares will be used by the Corporation to identify and evaluate
assets or businesses for acquisition with a view to completing a "Qualifying Transaction" under the
capital pool company program of the Exchange.
Richardson GMP Limited (the " Agent") acted as agent for the Offering. In connection with the
Offering, the Corporation granted to the Agent, and a sub-agent, non-transferable warrants to acquire
up to an aggregate of 800,000 Common Shares at a price of $0.10 per Common Share at any time
until March 6, 2020. The Agent also received a cash commission equal to 10% of the aggregate gross
proceeds from the sale of the Common Shares under the Offering.
Upon the closing of the Offering, the Corporation also granted stock options to the directors and
officers of the Corporation exercisable to acquire up to an aggregate of 1,000,000 Common Shares at
any time until March 6, 2023 at a price of $0.10 per Common Share.
The Common Shares are expected to commence trading on the Exchange on Friday March 9, 2018,
under the stock symbol "RTB.P", subject to receipt by the Exchange of acceptable documentation
regarding completion of the Offering.
For further information please see the final prospectus of the Corporation dated January 24, 2018
filed on SEDAR at www.sedar.com.
For further information please contact:
Chris Tate
Chief Executive Officer
(647) 403-3797
Cautionary Notes
The information in this news release includes certain information and statements about management's view of future
events, expectations, plans and prospect s that constitute forward looking statements. Thes e statements are based
upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties
and as a result of a variety of fact ors, the actual results, expectations, achievements or performance may differ
materially from those anticipated and indicated by these forward looking statements. Forward-looking statements
in this news release include, but are not limited to, the ability of the Corporation to complete a qualifying
transaction. Any number of factors could cause actual results to differ materially from these forward-looking
statements as well as future results. Although the Corporation believes that the expectations reflected in forward
looking statements are reasonable, it can give no assurance that the expectations of any forward looking statements
will prove to be correct. Except as required by law, the Corporation disclaims any intention and assumes no
obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new
information, future events, changes in assumptions, changes in factors affecting su ch forward looking statements or
otherwise.
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.