VANCOUVER, April 27, 2018 /CNW/ - Rockshield Capital Corp.
(CSE:RKS), (US: RKSCF), (FSE: 6BC) (the "Company" or "Rockshield") is pleased to announce that its shareholders
(the "Shareholders") have voted at its special meeting of Shareholders held on April 17,
2018 (the "Meeting") to approve the previously announced arrangement (the "Arrangement") pursuant to an
arrangement agreement dated March 13, 2018 among the Company, Rockshield Acquisition Corp.
("AcquiCo") and Rockshield Opportunities Corp. ("OppCo").
Additionally, on April 19, 2018, Rockshield obtained the final order of the Supreme Court of
British Columbia approving the Arrangement. The Company anticipates that the Arrangement
will close in early May, 2018. Pursuant to the Arrangement, each Shareholder will receive such number of common shares in the
capital of AcquiCo and OppCo equal to the number of Rockshield shares held by such Shareholder on April 4,
2018 (the "Share Distribution Record Date") multiplied by 0.0653. DRS Registration statements representing an
appropriate number of AcquiCo and OppCo shares will be sent to all Shareholders as of the Share Distribution Record Date, which
is expected to occur no more than five business days after the date of closing.
For more information on the matters voted on at the Meeting and for details of the Arrangement, please see Rockshield's
management information circular dated March 19, 2018 and subsequent press release dated
March 28, 2018, which have been filed on Rockshield's profile on SEDAR at www.sedar.com.
ROCKSHIELD CAPITAL CORP.
Rockshield Capital makes early stage seed investments of dollars and human capital with the expectation of superior rates of
return. We search for opportunities where we can unlock value as a partner. We do not operate businesses; rather we strive to
complement management as active participants. We assist with financings, identify acquisition targets, develop strategic
plans, support operations and implement exit strategies.
On Behalf of the Board of Directors of Rockshield,
"Dave Doherty"
Dave Doherty, President and CEO
The Canadian Securities Exchange has neither approved nor disapproved the information contained herein and does
not accept responsibility for the adequacy or accuracy of this news release.
Some of the statements contained in this news release are forward-looking statements and information within the meaning of
applicable securities laws. Forward-looking statements and information can be identified by the use of words such as "plans",
"expects", "expected", "intends", "is expected", "potential", "suggests" or variations of such words or phrases, or statements
that certain actions, events or results "may", "could", "should", "would", "might" or "will" be taken, occur or be
achieved.
Forward-looking statements include, without limitation, statements regarding the completion of the Arrangement and other
forward-looking statements that are not facts. Forward-looking statements are based on a number of assumptions and estimates
that, while considered reasonable by management based on the business and markets in which the Company operates, are inherently
subject to important risks and uncertainties, including, without limitation, Canadian Securities Exchange approval, the
satisfaction or waiver of the conditions set out in the Arrangement Agreement, and changes in applicable laws or regulations,
which could cause actual results to differ materially from future results expressed, projected or implied by the forward-looking
statements.
Although the Company has attempted to identify important factors that could cause actual results, performance or
achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause
results, performance or achievements not to be as anticipated, estimated or intended. There can be no assurance that such
information will prove to be accurate or that management's expectations or estimates of future developments, circumstances or
results will materialize.
Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or
obligation to update or revise such information, except as required by applicable law, and the Company does not assume any
liability for disclosure relating to any other company herein.
SOURCE Rockshield Capital Corp.
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