NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED
STATES
TORONTO, Feb. 08, 2018 (GLOBE NEWSWIRE) -- Routemaster Capital Inc. (TSXV:RM) (“Routemaster” or the “Company”)
is pleased to announce a non‑brokered private placement financing of up to 14,285,714 units (the “Units”) at a price of $0.35 per
Unit for gross proceeds of up to $5,000,000 (the “Financing”). Each Unit will be comprised of one common share and one-half of one
common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant shall entitle the holder to acquire one
Routemaster common share at a price of $0.60 for a period of two years from the date of issue.
Closing of the Financing is expected to occur on or about March 2, 2018, subject to a number of conditions
including receipt of the approval of the TSX Venture Exchange.
Routemaster intends to use the proceeds from the Financing for general corporate purposes, investment
opportunities in blockchain technologies, including cryptocurrencies, mature blockchain currencies, blockchain start-ups and
initial coin offerings (ICOs), and investment opportunities in the the clean energy and renewable energy sector, focusing on
companies with especially strong environmental sustainable principles. Routemaster continues to seek out opportunities
in these sectors to provide its shareholders with accretive investments.
In connection with the Financing, Routemaster may pay finder’s fees to eligible finders in accordance with the
policies of the TSX Venture Exchange.
About Routemaster Capital Inc.:
Routemaster Capital Inc. is a Canadian investment company that carries on business with the objective of
enhancing shareholder value.
For further information please contact:
Fred Leigh
President and Chief Executive Officer
Tel: +1 (416) 861-5933
FORWARD LOOKING STATEMENTS: This news release contains certain forward-looking statements,
including statements regarding the intended use of proceeds, closing conditions and timing and other matters relating to the
Financing, the Company’s ability to identify and close on investments, and the ability of the Company to attract required
financing. These statements are subject to a number of risks and uncertainties. Actual results may differ materially from results
contemplated by the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others
should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking
statements. The Company does not undertake to update any forward looking statements, oral or written, made by itself or on its
behalf, except as required by applicable law.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the
securities in the United States. The securities have not been and will not be registered under the United States Securities
Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United
States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from
such registration is available.
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.