Exclamation Announces Conversion of its Enssolutions Group Inc. Debenture


Exclamation Announces Conversion of its Enssolutions Group Inc. Debenture

Toronto, Ontario CANADA, March 02, 2012 /FSC/ - Exclamation Investments Corporation (XI - TSX Venture), ("exclamation") today announces that it has entered into an agreement (the "Shares for Debt Agreement") with Enssolutions Group Inc. ("Enssolutions") to convert its outstanding senior secured 15% convertible debenture in the principal amount of $185,000 (the "Debenture"). Pursuant to the Shares for Debt Agreement, Enssolutions has agreed to pay exclamation $75,000 in cash in partial satisfaction of the Debenture. The remaining $110,000 of the outstanding principal amount of the Debenture, plus accrued interest in the approximate amount of $19,781, will be converted into approximately 2,595,624 post-Consolidation (as defined below) common shares in the capital of Enssolutions at a deemed price of $0.05 per post-Consolidation share (assuming a pre-Consolidation share price of $0.01).

In connection with the debt settlement, Enssolutions proposes to consolidate its outstanding shares on a one-for-five basis (the "Consolidation"). If the Consolidation ratio is different than the ratio set forth above, then the number of common shares in the capital of Enssolutions to be issued to exclamation will be adjusted accordingly. The Consolidation and the debt settlement are subject to the approval of Enssolutions' shareholders at a special meeting of shareholders to be held in March 2012, and is also to the approval of the TSX Venture Exchange.

Marc Lavine, exclamation's Chief Executive Officer, commented, "We are pleased with Enssolutions debt restructuring as it eliminates the majority of its debt and positions Enssolutions for strong growth. This restructuring will allow Exclamation to recuperate funds, maintain a 15% annual return on our investment in Enssolutions and allow for the potential for capital gains in our shares."  

ABOUT EXCLAMATION INVESTMENTS CORPORATION

exclamation is a business creator that conceives and develops paradigm-shifting businesses in the dual role of founder and seed investor. Led by an experienced team with a proven track record of transforming ideas and capital into realized profits, exclamation offers investors the unique opportunity to participate at the founder stage of its new business ventures.

Certain information in this press release may constitute forward-looking information.  This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Corporation assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Corporation.  Additional information identifying risks and uncertainties is contained in the Corporation's filings with the Canadian securities regulators, which filings are available at www.sedar.com.

Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.


For more information, please contact:
Exclamation Investments Corporation
Daniel Shields, Chief Financial Officer
t : 1 (888) 838-1666
e: info@exclamationinvestments.com
w: www.exclamationinvestments.com


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www.usetdas.com/PR/exclamation02032012.htm



Source: Exclamation Investments Corporation (TSX-V XI) www.exclamation.com
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