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Published on 12/2/2008 in the Prospect News PIPE Daily.

New Issue: Humber Capital wraps C$1.75 million shares sale

By Devika Patel

Knoxville, Tenn., Dec. 2 - Humber Capital Corp. said it took in C$1.75 million in a private placement of stock. The deal settled Dec. 1.

The company sold 5,555,556 common shares at C$0.315 per share.

National Bank Financial Inc. was the agent.

Proceeds will be used to pay for the costs of the company's recently completed acquisition of Anderson's Liquor Inc.

Based in Toronto, Humber Capital is a capital pool company.

Issuer:Humber Capital Corp.
Issue:Common shares
Amount:C$1.75 million
Shares:5,555,556
Price:C$0.315
Warrants:No
Agents:National Bank Financial Inc.
Settlement date:Dec. 1
Stock symbol:TSX Venture: RUM.P
Stock price:C$0.28 at close Dec. 1

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