CIS Acquisition Ltd. Announces The Shareholder Exchange And Redemption Procedure In Its Acquisition Of Delta Advanced Minerals

NEW YORK, Sept. 17, 2014 /PRNewswire/ -- Due to the short amount of time available before its natural termination date of September 21, 2014, CIS will not be conducting a tender offer to redeem publicly traded shares.

Instead, CIS will redeem all holders of publicly traded shares that have not elected to exchange their Series A Shares into Series C Shares promptly after September 21, 2014.

Any holder of 200,000 Series A Shares or more may elect to exchange its shares for shares in the post-transaction company.

About CIS Acquisition Ltd.

CIS Acquisition Ltd. (Nasdaq: CISAA) is a blank check company formed to acquire, through a merger, stock exchange, asset acquisition, stock purchase or similar acquisition transaction, one or more operating businesses.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Statements preceded or followed by or that otherwise include the words "believes," "expects," "anticipates," "intends," "projects," "estimates," "plans," and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical facts. Forward-looking statements in this release also include statements about business and economic trends. Investors should also consider the areas of risk described under the heading "Forward Looking Statements" and those factors captioned as "Risk Factors" in CIS's periodic reports under the Securities Exchange Act of 1934, as amended, or in connection with any forward-looking statements that may be made by CIS.

CIS also disclaims any duty to comment upon or correct information that may be contained in reports published by the investment community.

SOURCE CIS Acquisition Ltd.