DRIVEN CAPITAL CORP. PRESS RELEASES


January 31, 2012: DRIVEN CAPITAL CLOSES TRANCHE 2 OF OVERSUBSCRIBED PRIVATE PLACEMENT

January 30, 2012: DRIVEN CAPITAL INCREASES PRIVATE PLACEMENT TO $1,197,000

December 23, 2011: DRIVEN CAPITAL CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT

December 9, 2011: DRIVEN CAPITAL AMENDS NON-FLOW-THROUGH FINANCING AND CANCELS FLOW-THROUGH FINANCING

November 14, 2011: DRIVEN CAPITAL ARRANGES $2.1 MILLION PRIVATE PLACEMENT OF UNITS AND FLOW-THROUGH UNITS

November 9, 2011: DRIVEN CHANNEL-SAMPLES 0.79M @ 5,888 G/T SILVER AT LYN

November 3, 2011: DRIVEN CAPITAL EXPANDS KUYAKUZ MOUNTAIN PROJECT

October 27, 2011: DRIVEN CONCLUDES 2011 FIELD WORK AT KUYAKUZ

September 28, 2011: DRIVEN ADVANCES LYN: MORE CLAIMS, SOIL SAMPLING, DRILLING

September 14, 2011: DRIVEN IDENTIFIES THREE ANOMALIES AT KUYAKUZ

September 8, 2011: DRIVEN CONFIRMS ULTRA HIGH GRADE SAMPLES AT LYN: UP TO 10,505 G/T SILVER AND 58.14% LEAD

September 6, 2011: DRIVEN SAMPLES 9,970 G/T SILVER AT LYN

August 22, 2011: DRIVEN SAMPLES 2,770 G/T SILVER AND COMMENCES DRILLING AT LYN

August 2, 2011: DRIVEN RETAINS INVESTOR RELATIONS FIRM, CLOSES $525,000 PRIVATE PLACEMENT

July 15, 2011: DRIVEN CAPITAL ARRANGES $525,000 PRIVATE PLACEMENT

July 7, 2011: DRIVEN ANNOUNCES CORPORATE CHANGES, GRANTS STOCK OPTIONS

July 5, 2011: DRIVEN WELCOMES LINDSAY BOTTOMER TO ITS BOARD OF DIRECTORS

June 13, 2011: DRIVEN CAPITAL COMMENCES WORK ON LYN SILVER PROJECT, YUKON

May 30, 2011: DRIVEN CAPITAL ACQUIRES ADDITIONAL BLACKWATER CLAIMS

May 24, 2011: DRIVEN CAPITAL COMMENCES WORK AT KUYAKUZ MOUNTAIN, BLACKWATER DISTRICT

May 18, 2011: DRIVEN CAPITAL EXPANDS LYN SILVER PROJECT

May 3, 2011: DRIVEN CAPITAL OPTIONS LYN SILVER PROJECT, YUKON

April 4, 2011: DRIVEN CAPITAL CORP. ANNOUNCES COMPLETION OF QUALIFYING TRANSACTION AND PRIVATE PLACEMENT

February 25, 2011: DRIVEN CAPITAL CORP. ANNOUNCES FILING OF FILING STATEMENT ON SEDAR

September 29, 2010: DRIVEN CAPITAL CORP. ANNOUNCES PROPOSED QUALIFYING TRANSACTION

August 10, 2010: DRIVEN ANNOUNCES CLOSING OF INITIAL PUBLIC OFFERING



NEWS RELEASE

DRIVEN CAPITAL CLOSES TRANCHE 2 OF OVERSUBSCRIBED PRIVATE PLACEMENT

January 31, 2012 – Driven Capital Corp. (TSXV: DVV) (“Driven” or the “Company”)has received approval for, and closed, the second and final tranche of the non-brokered private placement referenced in the Company’s news release dated December 9, 2011.

The tranche consisted of 5,680,000 Units sold for gross proceeds of $568,000. In accordance with the policies of the TSX Venture Exchange (the “Exchange”), finder’s fees of $51,800 were paid and 414,000 finder’s warrants were issued in connection with the tranche. Each non- transferrable finder’s warrant entitles its holder to acquire one common share of the Company for 24 months following the closing date of the tranche, at a price of $0.15 for the first 12 months and $0.20 for the ensuing 12 months.

The securities issued by the Company pursuant to this tranche of the offering are subject to a four-month hold period from the tranche’s closing date, as prescribed by the Exchange and applicable securities laws.

The overall offering consisted of two tranches in which an aggregate of 11,970,000 Units were sold for gross proceeds of $1,197,000 (increased from $900,000).

Driven is a publicly traded exploration company focused on the discovery of high-value precious metals deposits in North America. Please visit our web site at www.DrivenCapital.ca for more information.

On Behalf of the Board of Directors of
Driven Capital Corp.,

“Toma Sojonky”

Toma Sojonky
President & CEO

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 release. Cautionary Statement Regarding Forward-Looking Information: All statements, trend analysis and other information contained in this press release relative to markets about anticipated future events or results constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. The Company does not undertake any obligation to update forward-looking statements even if circumstances or management’s estimates or opinions should change. Investors should not place undue reliance on forward-looking statements.


DVV - TSX.V 
HOME | CORPORATE | NEWS | PROJECTS | CONTACT
Driven Capital Corp. 440-789 West Pender Street, Vancouver, BC, V6C 1H2   (604) 569 0799  info@drivencapital.ca
Disclaimer | Privacy