Texada files Filing Statement on SEDAR
March 19, 2008Vancouver, B.C., March 19, 2008 - Texada Capital Corp. (TSXV: TXC.P) ("Texada" or the "Company"), a Vancouver based Capital Pool Company listed on the TSX Venture Exchange (the "Exchange") is pleased to announce that it has posted a Filing Statement on SEDAR disclosing the details of its Qualifying Transaction and concurrent financing. The Qualifying Transaction is scheduled to close in April 2008 and remains subject to final Exchange approval.
ON BEHALF OF TEXADA CAPITAL CORP.
"Read Taylor"
Read Taylor
President and CEO
THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
For further details, please contact:
Brooke Coté (Investor Relations)
Texada Capital Corp.
Suite 750, 999 Canada Place,
Vancouver, BC, Canada, V6C 3E1
Toll Free: 1-800-PETRO (1-800-373-3655)
This News Release does not constitute an offer to sell or a solicitation of an offer to sell any 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 a U.S. Person unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
This press release includes "forward-looking statements" including forecasts, estimates, expectations and objectives for future operations that subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Statements regarding future production, reserve additions and capital expenditures are subject to all of the risks and uncertainties normally incident to the exploration for and development and production of oil and gas. These risks include, but are not limited to, inflation or lack of availability of goods and services, environmental risks, drilling risks and regulatory changes. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Texada does not assume the obligation to update any forward-looking statement.