VANCOUVER, BRITISH COLUMBIA–(Marketwired – April 5, 2013) – Russell Breweries Inc. (TSX VENTURE:RB) (the “Company“) announces that, pursuant to an exchange agreement (the “Exchange Agreement“) dated for reference as of March 31, 2008, between the Company, Russell Brewing Company Ltd. (“Subco“), and holders (the “Investors“) of Class A Exchangeable Non-Voting Preferred Shares (the “Exchangeable Shares“) in the capital of Subco, the Company has exercised its right (the “Exchange Right“) to purchase the Exchangeable Shares from the Investors. The Company is entitled to exercise the Exchange Right and purchase the Exchangeable Shares without any further action required on the part of the Investors.

Source: http://www.marketwire.com/mw/release.do?id=1775849&sourceType=3

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