/CNW/ - Cadomin Capital Corporation (Cadomin) announced today that it has effected the sale of an inactive wholly owned subsidiary to an arms-length third party for net cash proceeds of approximately $200,000. The transaction will provide Cadomin with additional liquidity for general corporate purposes.
Forward-Looking Statements
Certain statements in this release are forward-looking statements. Forward-looking statements involve significant risks and uncertainties. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements. Although the forward-looking statements contained in this release are based upon what Cadomin believes to be reasonable assumptions, Cadomin cannot assure investors that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this release, and Cadomin assumes no obligation to update or revise them to reflect new events or circumstances.
