BRAMPTON, ON, March 29, 2016 /CNW/ - Aragorn Holdings Limited ("Aragorn") and WTF Holdings Inc. ("WTF"), each having an address at 294 Walker Drive, Unit 2, Brampton, Ontario, announce that further to their press release dated February 1, 2016, completion of the sale of the Franchise Bancorp Inc. shares from Aragorn to WTF is anticipated to occur on April 7, 2016.  All of the other terms of the transaction set out in the prior press release dated February 1, 2016 remain unchanged.  Another press release will follow upon completion of the transaction.

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.

SOURCE Franchise Bancorp Inc.