Acasta Capital Inc. (Acasta) and Acasta Enterprises Inc. (Corporation) announced that the corporation has filed an amended and restated preliminary prospectus with the securities regulatory authorities in each of the provinces and territories of Canada in respect of the corporation's $275 million initial public offering of Class A Restricted Voting Units. As disclosed in the amended and restated preliminary prospectus, Gordon Nixon, former President and Chief Executive Officer of the Royal Bank of Canada, has joined the corporation as a founder and advisor with an investment commitment of $1 million. In addition, Calin Rovinescu has been appointed chair of the board of directors of the corporation.