Global Key Investment Limited: Update on Private Placement Offering
Vancouver, British Columbia--(Newsfile Corp. - December 18, 2013) - Global Key Investment Limited (TSXV: GKL) (the "Company") announces that it is continuing its non-brokered private placement offering (the "Offering") of 3,000,000 common shares at a price of $0.50 per share which was previously announced on October 1, 2013. The Company anticipates that the Offering will close by the end of December 2013.
The securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "1933 Act"), or under any state securities laws, and may not be offered or sold, directly or indirectly, or delivered within the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) absent registration or an applicable exemption from the registration requirements. This news release does not constitute an offer to sell or a solicitation to buy such securities in the United States.
The Company is engaged in the business of trading, distributing and retailing wine in the Chinese emerging market. The Company targets emerging markets by utilizing its knowledge and experience in importing wine through its wholly-owned subsidiaries in Hong Kong and China. For more information, please refer to the Company's website at www.globalkey.ca.
ON BEHALF OF THE BOARD OF DIRECTORS
Chairman and Director
For further information, please contact:
S. John Kim, Director, at (604) 638-2234.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release contains forward-looking statements. All statements, other than statements of historical fact, constitute "forward-looking statements" and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance.
Forward-looking statements are generally identifiable by the use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology. These statements, however, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed, implied by or projected in the forward-looking information or statements.
There can be no assurance that any forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events.
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES