Dacha Capital Commences Trading as Dacha Strategic Metals
Sep. 28, 2010 (Marketwire) --
TORONTO, ONTARIO -- (Marketwire) -- 09/28/10 -- Dacha Capital Inc. ("Dacha" or the "Company") (TSX VENTURE: DAC)(OTCQX: DCHAF) is pleased to announce that pursuant to a special resolution passed by the shareholders of the Company at its annual and general meeting held on September 13, 2010, the Company has changed its name to "Dacha Strategic Metals Inc." Effective at market open on September 28, 2010, the common shares of the Company will commence trading on the TSX Venture Exchange under the name "Dacha Strategic Metals Inc." with the new trading symbol "DSM".
About Dacha
Dacha is an investment company focused on the purchase, storage and trading of certain strategic metals. Its shares are listed on the TSX Venture Exchange under the symbol "DSM" and on the OTCQX exchange under the symbol "DCHAF"
Except for statements of historical fact relating to the Company, certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the implications and timing of the name change and new ticker symbol on the Company and the timing of future publications of same, the timing and receipt of regulatory approval in relation to the name change, the ability to attract financing, proposed investment strategy of the Company, general investment trends, and receipt of all regulatory approvals. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Estimates regarding the anticipated impact of the appointment are based on previous professional accomplishments and competencies. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Dacha to be materially different from those expressed or implied by such forward-looking information. Although management of Dacha has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Dacha does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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.
Contacts:
Dacha Capital Inc.
Scott Moore
President and CEO
(416) 861-5903
smoore@dachacapital.com
www.dachacapital.com
Source: Marketwire (September 28, 2010 - 7:01 AM EDT)
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