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Hermes Financial Inc. Update

Hermes Financial Inc. Update

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA



Calgary, Alberta (FSCwire) - Hermes Financial Inc. (“HFI” or the "Company"), “HFI” on the TSX Venture Exchange, announces that the TSXV has suspended trading in the Company’s shares and the Alberta and British Columbia Securities Commissions have issued cease trade orders against the Company as a result of the fact the annual audited financial statements and MD&A and related documentation have not been filed as required by securities laws and such suspensions and orders will remain in effect until the filings are made. The Company’s current financial situation is such that it is only expected that the filings will be made in conjunction with a reverse takeover or other transaction. At this time no such transaction has been identified.

 

Neither 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 release.

 

FOR FURTHER INFORMATION PLEASE CONTACT:

 

Hermes Financial Inc.   

Christopher Yee

President and Chief Executive Officer

Telephone: (403) 617-8786

Email cyee_99@telus.net



To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/HermesMay132014.pdf

Source: Hermes Financial Inc. (TSX Venture:HFI)

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