Smithe Resources Corp. (TSXV:SMTH.P) will seek acquisitions. The company announce that it has successfully completed its Initial Public Offering (the "Offering") on the TSX Venture Exchange. The Company issued a total of 5,000,000 common shares at a price of $0.10 per share raising gross proceeds of $500,000. The Company is a capital pool company and intends to use the net proceeds of the Offering to identify and evaluate assets or businesses for acquisition with a view to complete a qualifying transaction under the capital pool company program pursuant to Policy 2.4 of the Exchange.