Toronto, Ontario--(Newsfile Corp. - September 25, 2014) - Added Capital Inc.
(TSXV: AAD) ("Added" or the "Company") today announced that the
Ontario Securities Commission (the "Commission") issued an order staying the
sanctions and costs pertaining to Vic Alboini ("Vic") and Northern Securities
Inc. ("NSI") for 90 days from the September 11, 2014 date the Commission issued
its sanctions and costs order.
Vic and NSI filed an appeal of the Commission's merit decision
dated December 19, 2013. Vic and NSI intend to file an Amended and Restated
Notice of Appeal with the Divisional Court taking into account the Commission's
sanctions and costs order. The appeal must be filed by October 11, 2014 in order
to continue the stay.
Neither the 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.
About Added Capital Inc.
Added Capital Inc. is a financial advisory firm and merchant
bank, with a specialization in mergers and acquisitions, merchant banking
investments, risk arbitrage merger and acquisition investments, financial
restructurings, proxy solicitation and information agent services.
FOR FURTHER INFORMATION PLEASE CONTACT:
Vic Alboini
Chief Executive Officer
647 352-8180
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