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Highvista Gold Inc. Announces TSX Venture Exchange Approval and Listing

17.10.2011  |  CNW
TORONTO, October 17, 2011, Highvista Gold Inc. (the "Company") (HVV), formerly Triumph Ventures Corp., is pleased to announce that the TSX Venture Exchange Inc. (the "Exchange") has confirmed its approval of the previously announced acquisition of Highvista Gold Corp. ("Highvista") and related transactions (the "Transaction"). The Transaction constituted the Company's "Qualifying Transaction" pursuant to Policy 2.4 - Capital Pool Companies of the Exchange, and the Company now carries on the business of Highvista.

On September 27, 2011, the Exchange issued its conditional approval of the Transaction. The Company has now received confirmation from the Exchange that the conditions for listing have been satisfied, and the Exchange issued its Final Exchange Bulletin on October 14, 2011 confirming the completion of the Transaction. Accordingly, the Company's common shares will resume trading on the Exchange on or about October 17, 2011 under the ticker symbol "HVV".

The Company's filing statement dated September 27, 2011 describes the businesses of the Company and Highvista and the terms of the Transaction, and is available on the SEDAR website at www.sedar.com.


READER ADVISORY

Investors are cautioned that, except as disclosed in the filing statement prepared in connection with the Qualifying Transaction, any information released or received with respect to the Qualifying Transaction may not be accurate or complete and should not be relied upon.

Statements in this press release may contain forward-looking information including, but not limited to, statements with respect to the listing of the Company's common shares. Any statements that are contained in this press release that are not statements of historical fact may be deemed to be forward looking statements. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law.

THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES. THESE SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.

THE TSX VENTURE EXCHANGE HAS IN NO WAY PASSED UPON THE MERITS OF THE PROPOSED TRANSACTION AND HAS NEITHER APPROVED OR DISAPPROVED THE CONTENTS OF THIS PRESS RELEASE.

NEITHER THE 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 PRESS RELEASE.


Not for distribution in the United States or through United States wire services.



For further information:

Highvista Gold Inc.
Richard Adams, President and CEO
Telephone: (416) 504-3588
Facsimile: (416) 504-4129
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