|By Marketwired .||
|August 22, 2013 07:47 PM EDT||
WINDSOR, ONTARIO -- (Marketwired) -- 08/22/13 -- Essex Angel Capital Inc. (TSX VENTURE:EXC) (the "Corporation" or "Essex") is pleased to announce that, further to its press release dated April 18, 2013, it sold certain assets (the "Assets") of Wellness Indicators, Inc., which it obtained through foreclosure proceedings on the Assets, to Health Enhancements Products Inc. ("HEPI") in exchange for 1,792,315 shares of common stock of HEPI (the "HEPI Shares") at a price per share equal to US$0.31. The HEPI Shares are listed on the OTCBB. The sale of the Assets is subject to receipt of all required regulatory approval, including the approval of the TSX Venture Exchange.
About Essex Angel Capital Inc.
Essex Angel Capital of Windsor, Ontario, is a publicly traded company engaged in the business of debt and equity investment in privately held early-stage companies. Essex is traded on the TSX Venture Exchange under the symbol "EXC."
About Health Enhancement Products, Inc.
Health Enhancement Products, Inc. is a Michigan-based health & wellness company engaged in the development of natural bioactive compounds for use as dietary supplements and food ingredients, as well as biologics for cosmeceutical and pharmaceutical applications. More information about HEPI can be found on its website at: http://www.health-enhancement-products.com.
This news release does not constitute an offer to sell or solicitation of an offer to sell any of the Common Shares in the United States. The Common Shares 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 may not be offered or sold within the United States or to a U.S. Person unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Neither TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
Essex Angel Capital Inc.
Chief Executive Officer