PSI Pounder Update on QT (PR)

CALGARY, December 6, 2016 /CNW/ – Pounder Venture Capital Corp. (NEX: PDR.H) (“Pounder” or the “Corporation”), a capital pool company listed on the NEX board (the “NEX”) of the TSX Venture Exchange (the “Exchange”), is pleased to provide an update on its previously-announced proposed business combination with Pool Safe Inc. (“Pool Safe”). The proposed transaction is intended to constitute an arm’s length qualifying transaction (the “Qualifying Transaction”) for Pounder, as defined in Policy 2.4 of the Exchange. Upon completion of the Qualifying Transaction and the Private Placement Financing (as defined and described below), it is expected that Pounder will be an Industrial Issuer, subject to Exchange approval.…

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