GAV Galvanic Applied Scs

Galvanic Applied Sciences Inc. ("Galvanic") (TSX VENTURE:GAV) announces that, at
a special meeting (the "Meeting") of its shareholders held today, the
shareholders of Galvanic approved the amalgamation of Galvanic and 1756349
Alberta Ltd. ("1756349"). Subsequent to completion of the Meeting, Galvanic and
1756349 were amalgamated as Galvanic Applied Sciences Inc. ("Amalco"). 


As a result of the amalgamation, and in accordance with the amalgamation
agreement dated August 22, 2013 between Galvanic and 1756349, each common share
of Galvanic previously held by Galvanic shareholders (other than dissenting
shareholders and 1756349) was converted into one Amalco redeemable preferred
share and redeemed by Amalco. Pursuant to the redemption, former shareholders of
Galvanic are entitled to cash proceeds of $1.70 per Amalco redeemable preferred
share, without interest.  


Full particulars of the amalgamation and subsequent redemption of the Amalco
redeemable preferred shares are described in the management information circular
mailed to shareholders of Galvanic dated August 22, 2013 (the "Circular"), a
copy of which is available on the SEDAR website at www.sedar.com.  The Circular
and letter of transmittal available on the SEDAR website contain instructions
for shareholders to receive the consideration payable to them in connection with
the amalgamation and redemption.


Holders should consult their own tax advisors with respect to the income tax
consequences to them of the above noted transactions.


The common shares of Galvanic are expected to be delisted from and no longer
traded on the TSX Venture Exchange as soon as possible, in accordance with the
rules and policies of the TSX Venture Exchange.


Galvanic will also apply to cease to be a reporting issuer under applicable
Canadian securities laws, subject to the satisfaction of applicable regulatory
requirements.


Forward-Looking Statements. This release contains forward-looking statements and
forward-looking information within the meaning of applicable securities laws.
The use of any of the words "expect", "anticipate", "continue", "estimate",
may", "will", "should", believe", "intends", "forecast", "plans", "guidance" and
similar expressions are intended to identify forward-looking statements or
information. More particularly and without limitation, this news release
contains forward-looking statements and information concerning the anticipated
timing for: de-listing the common shares of Galvanic from the TSX-V and
submission of an application for Galvanic to cease to be a reporting issuer.


Galvanic has provided such forward-looking statements and information in
reliance on certain assumptions that it believes are reasonable at this time,
including the ability of Galvanic to fulfil all conditions necessary to de-list
and to cease to be a reporting issuer. The dates reflected in the
forward-looking statements and information may change for a number of reasons,
including the need for additional time to satisfy the conditions to de-list and
cease to be a reporting issuer. Accordingly, readers should not place undue
reliance on the forward-looking statements and information contained in this
news release concerning these times.


Although Galvanic believes that the expectations reflected in such
forward-looking statements and information are reasonable, it can give no
assurance that such expectations will prove to be correct. Since forward-looking
statements and information address future events and conditions, by their very
nature they involve inherent risks and uncertainties. Actual results may differ
materially from those currently anticipated due to a number of factors and
risks. These include, but are not limited to, actions taken by shareholders in
respect of the subsequent acquisition transaction, failure to obtain necessary
approvals or otherwise fulfill all conditions necessary to de-list and cease to
be a reporting issuer and legislative or regulatory changes. Readers are
cautioned that the foregoing list of factors is not exhaustive. 


The forward-looking statements and information contained in this news release
are made as of the date hereof for the purpose of providing the readers with
Galvanic's expectations in respect of the de-listing of Galvanic's common shares
and Galvanic ceasing to be a reporting issuer. The forward-looking statements
and information may not be appropriate for other purposes. Galvanic undertakes
no obligation to update publicly or revise any forward-looking statements or
information, whether as a result of new information, future events or otherwise,
unless so required by applicable securities laws.


Neither 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Galvanic Applied Sciences Inc.
Helen Cornett
Chief Executive Officer
(403) 252-8470
(403) 255-6287 (FAX)
info@galvanic.com
www.galvanic.com

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