Transactions

Transactions

Overview

Essex Angel Capital Inc. Completes Qualifying Transaction

July 20, 2011

Essex Angel Capital Inc. (TSXV:EXC) completed its qualifying transaction (the “Qualifying Transaction”) in accordance with TSX Venture Exchange (“TSX-V”) Policy 2-4 - Capital Pool Companies, pursuant to which it completed investments in: (i) Wellness Indicators, Inc., a privately-held company headquartered in Rochester Hills, Michigan and a developer and manufacturer of urine tests designed to serve as a primary screening tool to assess the health status of individuals; and (ii) 3Gyros Inc., a privately-held company headquartered in Tecumseh, Ontario and a maker of zero calorie, zero fat and gluten-free health conscious salad dressings and condiments. Following completion of the Qualifying Transaction, Essex became listed as a Tier 2 Investment Issuer on the TSX-V.

Wildeboer Dellelce LLP acted for Essex Angel Capital Inc. in connection with its Qualifying Transaction with a team that included Robert Fonn and Zahar Orlov (corporate/securities) and Chris Partridge and Lisa Cunningham (debt products).