|By Marketwired .||
|June 30, 2014 04:56 PM EDT||
TORONTO, ONTARIO -- (Marketwired) -- 06/30/14 -- Norvista Capital Corporation ("Norvista" or the "Company") (TSX VENTURE: NVV) is pleased to announce, further to its press release dated June 5, 2014 announcing the completion of its qualifying transaction with X-Terra Resources Inc., that the Company's common shares (the "Shares") have been approved for listing by the TSX Venture Exchange ("TSX-V") and that trading of the Shares will commence when the market opens on July 3, 2014 under the stock symbol NVV.
Norvista is a resource based merchant bank primarily focused on investing its capital in exploration properties and small-scale production projects in both the base metal and precious metal sectors of the junior resource market. The Company will assume an active role in management and at the board level of Norvista's investee companies. On larger transactions the Company will assume an investment banking role to leverage its investment by sourcing co-investors for both debt and equity. The Company will structure its investments through a combination of convertible debt instruments, equity investments and earn-in option or lease agreements depending upon the nature of the underlying transaction. Norvista's management team has a broad depth of experience in geological, mining engineering, corporate finance and investor relations skills. The Company offers investors a unique vehicle through which they can access compelling investment opportunities in the junior resource industry. For further details on Norvista, please refer to Norvista's web site (www.norvistacapital.com). Norvista's Canadian regulatory filings can be found on SEDAR at www.sedar.com.
Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
CAUTIONARY STATEMENT: This news release contains forward-looking information that is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes, but is not limited to, Norvista's objectives, goals or future plans and the timing of the commencement of trading of Norvista's shares on the TSX-V. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices and delays in the development of projects and the other risks involved in the mining and financial services industry, and those risks set out in Norvista's public documents filed on SEDAR. Although Norvista believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Norvista disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
Norvista Capital Corporation
(416) 504 4171