Hanstone Capital Corp. Completes Initial Public Offering
HANSTONE CAPITAL CORP. COMPLETES INITIAL PUBLIC
OFFERING
Vancouver, B.C. – April 29, 2019 – Hanstone Capital Corp. (“Hanstone” or the “Company”) (TSXV:
HANS.P) is pleased to announce that it has completed its initial public offering by issuing an aggregate of
3,000,000 common shares (the “ Hanstone Shares”) at a price of $0.10 per share for gross proceeds of
$300,000. Leede Jones Gable Inc. (“Leede”) acted as agent for the offering and received a commission of
10% of the gross proceeds of the offering and a corporate finance fee of $10,000. The Company also
reimbursed Leede for its expenses in connection with the offering. In addition, the Company issued 300,000
agent’s options to Leede, with each option exercisable for a Hanstone Share at a price of $0.10 per share
until April 29, 2021.
The Company’s common shares were listed on the TSX Venture Exchange (the “Exchange”) at the opening
of markets today under the symbol “HANS.P”, with trading immediately halted. The Exchange has advised
that trading will resume on Wednesday, May 1, 2019.
The Company is a capital pool company in accordance with Exchange Policy 2.4 and its principal business
will be the identification and evaluation of assets or businesses with a view to completing a Qualifying
Transaction.
For additional information, please refer to the Company's disclosure record on SEDAR (www.sedar.com)
or contact the Company as follows: Aris Morfopoulos, CFO, at (604) 721-2650.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities
described in this news release in the United States. Such securities have not been, and will not be, registered
under the United States Securities Act of 1933, as amended (the “ U.S. Securities Act ”), or any state
securities laws, and, accordingly, may not be offered or sold within the United States, or to or for the
account or benefit of persons in the United States or “U.S. Persons”, as such term is defined in Regulation
S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable
state securities laws or pursuant to an exemption from such registration requirements.
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This news release contains “forward -looking information” that is based on the Company’s current expectations,
estimates, forecasts and projections. This forward-looking information includes, among other things, the Company’s
business, plans, outlook a nd business strategy. The words “may”, “would”, “could”, “should”, “will”, “likely”,
“expect,” “anticipate,” “intend”, “estimate”, “plan”, “forecast”, “project” and “believe” or other similar words and
phrases are intended to identify forward -looking information. Forward-looking information is subject to known and
unknown risks, uncertainties and other factors that may cause the Company’s actual results, level of activity,
performance or achievements to be materially different from those expressed or implie d by such forward -looking
information. Such factors include, but are not limited to: changes in economic conditions or financial markets;
increases in costs; litigation ; legislative, environmental and other judicial, regulatory, political and competitive
developments; and technological or operational difficulties. This list is not exhaustive of the factors that may affect
our forward-looking information. These and other factors should be considered carefully and readers should not place
undue reliance on su ch forward -looking information. The Company does not intend, and expressly disclaims any
intention or obligation to, update or revise any forward -looking information whether as a result of new information,
future events or otherwise, except as required by applicable law.
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 news release.