DGAP-News

Cruz Capital Corp 3-1 Forward Split Set for November 15

DGAP-News: Cruz Capital Corp. / Key word(s): Miscellaneous
Cruz Capital Corp 3-1 Forward Split Set for November 15

14.11.2016 / 09:01
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

Vancouver, British Columbia--(Newsfile Corp. - November 14, 2016) - Cruz
Capital Corp (TSXV: CUZ) (OTC Pink: BKTPF) (FSE: A2AG5M) Further to the
news release October 5, 2016 the Company has set the close of business on
November 18, 2016 as the record date for the Forward Split and November 16,
2016 as the effective date of the Forward Split. Therefore, in order to
receive the split, you must purchase and hold the shares as of close of
market on November 15, 2016. The Forward Split Cruz is proposing is subject
to acceptance by the TSX Venture Exchange.

James Nelson, President of the Company states, 'We are looking forward to
the split occurring this week. We feel that the liquidity will increase
substantially therefore providing more opportunities for the company to
access additional capital and appeal to a larger group of investors. The
ratio being proposed will be 3-1. For example, this means that if you are a
shareholder of record of 10,000 shares you would then hold 30,000 shares
upon completion and approval of the split. We feel that cobalt will be one
of the most compelling sectors of 2017 and are pleased to be at the
forefront of this growing sector. Cruz is fully funded for its current
operations and we have been successful at closing one property sale to
date, thus providing Cruz with increased capital with no dilution to the
shareholders. We anticipate commencing operations shortly.'

Cruz is actively engaged in acquiring and developing Cobalt Assets
Globally. Cruz has acquired numerous high grade cobalt assets located in
North America. Seven cobalt projects are in Canada and one in Idaho. The
goal of the company is to make Cruz the foremost cobalt project generator
and developer on the TSX Venture Exchange. Management feels that cobalt is
at the early stages of a significant bull market and we are pleased to be
positioning Cruz at the forefront of this cycle.

If you would like to be added to Cruz's email list please send an email to
[e-mail] or twitter @CruzCapitalCorp [url:
http://click.cmpgnr.com/click/cdeik-42wv8l-51fujt30/]

James Nelson
President
604.899.9150
www.cruzcapitalcorp.com
twitter @CruzCapitalCorp

This press release contains forward-looking information that involves
various risks and uncertainties regarding future events. Such
forward-looking information can include without limitation statements based
on current expectations involving a number of risks and uncertainties and
are not guarantees of future performance of Cruz, such as statements that
Cruz: (i) intends to undertake a forward split of its common shares. There
are numerous risks and uncertainties that could cause actual results and
Cruz's plans and objectives to differ materially from those expressed in
the forward-looking information, including the TSXV not approving the
forward split or delays caused in obtaining such approval. Actual results
and future events could differ materially from those anticipated in such
information. These and all subsequent written and oral forward-looking
information are based on estimates and opinions of management on the dates
they are made and are expressly qualified in their entirety by this notice.
Except as required by law, Cruz does not intend to update these
forward-looking statements.

Neither 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


Click on, or paste the following link into your web browser, to view
the associated documents

http://www.newsfilecorp.com/release/23510

News Source: Newsfile


---------------------------------------------------------------------------

14.11.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

---------------------------------------------------------------------------

Language: English
Company: Cruz Capital Corp.


Canada
ISIN: CA22888P1053


End of News DGAP News Service
---------------------------------------------------------------------------

520265 14.11.2016