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FOR: SOLIUM CAPITAL INC. CDNX SYMBOL: SUM FEBRUARY 4, 2002 Solium Terminates Sale Agreement with Gutsche Capital Corp. CALGARY, ALBERTA--Solium Capital Inc. ("Solium") announced today that it has terminated its agreement with Gustche Capital Corp. in connection with the purchase by Gustche Capital Corp. of all of the issued and outstanding shares of its wholly owned subsidiary, Solium Capital Online Inc. Solium terminated the agreement of purchase and sale as a result of conditions precedent which were, in its estimation, unfulfilled. Solium has continued to seek other interested parties to complete the sale transaction. Solium Capital Inc. (www.solium.com) is an outsourced provider of solutions for employee share ownership entitlement programs. Solium's flagship application, e-SOAP (employee stock option administration platform), is a complete end-to-end solution for the administration, execution and reporting of employee stock options for Canadian public companies. -30 - FOR FURTHER INFORMATION PLEASE CONTACT:
Solium Capital Inc. The Canadian Venture Exchange has neither approved nor disapproved the information contained herein.
INDUSTRY: SCR -0 - |
