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TORONTO, ONTARIO--(Marketwire - March 18, 2013) - Focused Capital II Corp. ("Focused Capital II") (TSX VENTURE:FAV.P), a capital pool company as defined under Policy 2.4 of the TSX Venture Exchange (the "Exchange"), announces the termination of the letter of intent (the "LOI") dated July 6, 2012, as amended, between Focused Capital II and United Hydrocarbon International Corp. ("UHI") for the arm's length acquisition of 100% of the common shares of UHI, which was expected to qualify as Focused Capital II's "Qualifying Transaction" as defined by Exchange Policy 2.4. Accordingly, the common shares of Focused Capital will resume trading on the Exchange at the opening of the market on March 19, 2013. |
