/CNW/ - Further to the press releases dated August 11,
2010 and May 17, 2010, J5 Acquisition Corp. (J5) announces, in
connection with the previously announced qualifying transaction with
Riverbank Power Corporation (the Qualifying Transaction), that it has
received shareholder approval for all of the resolutions set forth in
J5s management information circular dated August 6, 2010, which
circular is posted on SEDAR.
Completion of the Qualifying Transaction is subject to a number of
conditions including, but not limited to, execution of the definitive
agreement in respect of the Qualifying Transaction and regulatory
approvals and TSX Venture Exchange acceptance. There can be no assurance
that the Qualifying Transaction will be completed as proposed or at all.
Investors are cautioned that, except as disclosed in the filing
statement to be prepared in connection with the Qualifying Transaction,
any information released or received with respect to the Qualifying
Transaction may not be accurate or complete and should not be relied
upon.
Investors are cautioned that trading in the securities of a CPC
should be considered highly speculative.
J5 is a CPC governed by the policies of the TSX Venture Exchange.
J5s principal business is the identification and evaluation of assets
or businesses with a view to completing a Qualifying Transaction.
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.
