Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

ELEC.V ·

Rebel Capital Announces Termination of Letter of Intent

Property Options & Staking

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES

OR DISSEMINATION IN THE UNITED STATES

REBEL CAPITAL ANNOUNCES TERMINATION OF LETTER OF INTENT

February 5, 2019 – VANCOUVER, British Columbia – Rebel Capital Inc. (the “Company”) (TSXV:

RBL.P), a capital pool company pursuant to Policy 2.4 of the TSXV Corporate Finance Manual,

announces that, further to the Company’s news release dated June 14, 2018, the Company and Spektra

Drilling Canada Inc. (“Spektra”) have agreed to terminate the letter of intent between the Company and

Spektra dated June 14, 2018 regarding the Company’s previously announced plans to acquire all of the

securities of Spektra.

The Company intends to seek other opportunities in respect of a potential qualifying transaction and has

made a request to reinstate the Company’s common shares for trading.

For further information, please contact:

Mihalis Belantis, CEO

(403) 701-7299

[email protected]

This press release is not an offer of securities for sale in the United States. The securities described in

this press release have not been registered under the U.S. Securities Act of 1933, as amended, and may

not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined

in Regulation S under the U.S. Securities Act of 1933, as amended) absent registration or an exemption

from registration. This press release shall not constitute an offer to sell or a solicitation of an offer to buy

nor shall there be any sale of the securities in any jurisdiction where such offer, solicitation, or sale would

be unlawful.

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.

Disclaimer for Forward-Looking Information

This press release contains forward-looking statements and information that are based on the beliefs of

management and reflect the Company’s current expectations. When used in this press release, the words

“estimate”, “project”, “belief”, “anticipate”, “intend”, “expect”, “plan”, “predict”, “may” or “should” and the

negative of these words or such variations thereon or comparable terminology are intended to identify

forward-looking statements and information. The forward-looking statements and information in this press

release includes the intention of the Company to seek other opportunities in respect of a potential

qualifying transaction. By their nature, forward-looking statements involve known and unknown risks,

uncertainties and other factors which may cause actual results, performance or achievements, or other

future events, to be materially different from any future results, performance or achievements expressed

or implied by such forward-looking statements. Such factors include, among others, the following risks:

the need for additional financing, the volatility of the Company’s common share price and volume and

reliance on key and qualified personnel. Forward-looking statements are made based on management’s

beliefs, estimates and opinions on the date that statements are made and the Company undertakes no

obligation to update forward-looking statements if these beliefs, estimates and opinions or other

circumstances should change. Investors are cautioned against attributing undue certainty to forward-

looking statements.