CPC Canadian Platinum Corp

Chrysalis Capital VIII Corporation (TSX VENTURE:ETE.P) ("Chrysalis VIII" or the
"Corporation") is pleased to announce that it has filed a final non-offering
prospectus dated December 21, 2012 with the securities commissions in Ontario,
British Columbia and Alberta in connection with its previously announced
proposed qualifying transaction (the "Transaction") with Fresco Microchip Inc.
("Fresco") and RedMere Technology Limited ("RedMere").


Under the terms of the definitive acquisition agreement dated July 12, 2012, the
Corporation will acquire all of the issued and outstanding shares in the capital
of RedMere and Fresco. Upon completion of the Transaction, the Corporation will
be the "resulting issuer" with each of RedMere and Fresco becoming a
wholly-owned or indirect subsidiary of the Corporation. The Transaction is
currently scheduled to close in January, 2013. Following closing of the
Transaction, the Corporation intends to change its name to "Spectra7
Microsystems Inc.".


ABOUT CHRYSALIS CAPITAL VIII CORPORATION

Chrysalis Capital VIII Corporation is The Chrysalis Capital Group Inc.'s
("TCCG") eighth capital pool company ("CPC"). TCCG is entirely focused on
generating superior shareholder returns through the creation of a series of
unique CPCs. To date, TCCG has created eight Chrysalis branded CPCs and has
assisted in the creation of four additional CPCs under TCCG's partners program.
For more information about TCCG, please visit www.tccg.ca.


ABOUT FRESCO MICROCHIP INC.

Fresco is a leader in RF, analog and digital semiconductors. The company's
products deliver Value Through Innovation by offering significantly lower system
solution costs at optimal performance. Fresco's patent-pending technology
transcends a broad range of consumer devices creating a fundamental paradigm
shift in the television market. Fresco's customers include top tier tuner
manufacturers who supply leading consumer electronic brands. 


Fresco is currently a private company with lead investors Celtic House Venture
Partners and Ventures West Capital Ltd. The company is headquartered in Toronto,
Canada with design centers both in head office and Irvine, California.


ABOUT REDMERE TECHNOLOGY LIMITED

RedMere provides complete active-cable solutions to cable industry leaders and
manufacturing partners. In a world where connection speed increases, RedMere
enables easy to use, high quality, smart connectivity for The Home, On the Move
and The Office.


These new active cable systems deliver the ultimate in compact digital
connectivity over HDMI, DisplayPort and USB for Video and Still Cameras,
Smartphones, HDTV, Blu-Ray DVD, PS3 and Xbox, as well as enterprise solutions
using Infiniband and PCI Express.


RedMere is currently a private company with lead investors Celtic House Venture
Partners and EdgeStone Capital Partners. The company is headquartered in Cork,
Ireland.


Completion of the Transaction is subject to a number of conditions, including
but not limited to, TSX Venture Exchange ("TSX-V") acceptance. There can be no
assurance that the transaction will be completed as proposed or at all. 


Investors are cautioned that, except as disclosed in the prospectus to be
prepared in connection with the Transaction, any information released or
received with respect to the proposed transaction may not be accurate or
complete and should not be relied upon. Trading in the securities of a CPC
should be considered highly speculative. 


Certain information in this press release may constitute forward-looking
information. This information is based on current expectations that are subject
to significant risks and uncertainties that are difficult to predict. Actual
results might differ materially from results suggested in any forward-looking
statements. The Corporation assumes no obligation to update the forward-looking
statements, or to update the reasons why actual results could differ from those
reflected in the forward looking-statements unless and until required by
securities laws applicable to the Corporation. Additional information
identifying risks and uncertainties is contained in the Corporation's filings
with the Canadian securities regulators, which filings are available at
www.sedar.com. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Chrysalis Capital VIII Corporation
Robert Munro
CEO / CFO
(877) 272-4073
contact@tccg.ca
www.tccg.ca


Spectra7 Microsystems
Tony Stelliga
CEO
(650) 670-7055
tony@redmere.com
www.redmere.com

Canadian Platinum Corp. (TSXV:CPC)
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Canadian Platinum Corp. (TSXV:CPC)
過去 株価チャート
から 7 2023 まで 7 2024