CALGARY, AB--(Marketwired - November 04, 2016) -
NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR FOR US DISSEMINATION
Arkadia Capital Corp. (TSX VENTURE: AKC.P) ("Arkadia"), a capital pool
company, announced today that it is moving to NEX, a separate board of TSX Venture Exchange, effective November 7, 2016, due to
its failure complete a Qualifying Transaction (as defined in TSX Venture Exchange Policy 2.4) on or before TSX Venture Exchange's
discretionary deadline of June 2, 2016.
In connection with its move to NEX, Arkadia cancelled and returned to treasury a total of 1,344,672 Seed Shares (as defined in
TSX Venture Exchange Policy 1.1) that were held, directly or indirectly, by the following persons: Carol Olive, Christopher
Robbins, Dave Drover, Dennis L. Nerland, Q.C., Edward J. Kalthoff, Jarrett Kalthoff, Leonard Danard, Marlene Kalthoff, Robert
Danard, Ryan Danard, Wilson Olive, and Zachary Kalthoff.
Neither TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.