News Release
L1 Capital Corp. To Trade On TSX Venture Exchange
L1 CAPITAL CORP. ("LOA.P")
BULLETIN TYPE: New Listing-CPC-Shares
BULLETIN DATE: April 22, 2008
TSX Venture Tier 2 Company
This Capital Pool Company's ('CPC') Prospectus dated March 31, 2008 has been filed with and accepted by TSX Venture Exchange and the Alberta and British Columbia Securities Commissions and the Saskatchewan Financial Services Commission effective April 2, 2008, pursuant to the provisions of the Alberta, British Columbia and Saskatchewan Securities Acts. The Common Shares of the Company will be listed on TSX Venture Exchange on the effective date stated below.
The Company has completed its initial distribution of securities to the public. The gross proceeds received by the Company for the Offering were $550,000 (2,750,000 common shares at $0.20 per share).
Commence Date: At the opening April 23, 2008, the Common shares will commence trading on TSX Venture Exchange.
Corporate Jurisdiction: Canada
Capitalization: Unlimited common shares with no par value of which 3,950,000 common shares are issued and outstanding.
Escrowed Shares: 1,200,000 common shares
Transfer Agent: Olympia Trust Company
Trading Symbol: LOA.P
CUSIP Number: 542198 10 6
Sponsoring Member: PI Financial Corp.
Agent's Options: 275,000 transferable stock options. One option to purchase one share at $0.20 per share up to 24 months from the date of listing.
For further information, please refer to the Company's Prospectus dated March 31, 2008.
Company Contact: Gordon Travis
Company Address: 88 Rosewood Road NW, Calgary, AB T2K 1N1
Company Phone Number: (403) 338-1001
Company Fax Number: (403) 284-3184
Company Email Address: grtravis@shaw.ca


