Veteran Capital Corp V.VCC.P

First Post!

[mormegil]

First news release, too... VCC.P collects just under $1mil in its IPO. Most CPC's start life with around $300-500k. Vendome must be going after some pretty big fish if it feels the need to have this much cash in its purse! Onward and upward! --- VENDOME CAPITAL CORP. COMPLETES $999,450 INITIAL PUBLIC OFFERING Toronto, Ontario CANADA, March 29, 2006 /FSC/ - Vendome Capital Corp. (TSX - VX: VCC.P), (the "Corporation"), a capital pool company, announced that it completed on March 23, 2006 its initial public offering ("IPO") by issuing 9,994,500 common shares at a price of $0.10 per share, for gross proceeds to the Corporation of $999,450. The common shares of the Corporation are scheduled to commence trading on the TSX Venture Exchange (the "TSXV") on March 28, 2006 under the trading symbol of "VCC.P". The net proceeds of the IPO will be used by the Corporation to identify and evaluate assets of businesses for acquisition with a view to completing a "Qualifying Transaction" under the Capital Pool Company program of the TSXV as disclosed in the Corporation's prospectus dated February 15, 2006.