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| Home : Advantex Completes First Stage of Debenture Renewal |
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May 10
2011 |
Advantex Completes First Stage of Debenture Renewal |
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TORONTO, ONTARIO--(Marketwire - May 10, 2011) - Advantex Marketing International Inc. ("Advantex Marketing" or the "Company") (CNSX:ADX), a leading specialist in merchant funding and loyalty marketing programs, today announced that it has completed the first stage of its planned renewal of its Non-Convertible Debentures and Convertible Debentures. The company completed two concurrent private placement, the first comprising of 1,800 units each comprising $1,000 face value secured non-convertible debentures of its subsidiary Advantex Dining Corporation (each a "Dining Debenture") and 1,975 common share purchase warrants of Advantex Marketing (each a "Dining Warrant") and the second comprising of 5,672 units each comprising $1,000 face value secured non-convertible debentures of Advantex Marketing (each a "Marketing Debenture") and 14,151 common share purchase warrants of Advantex Marketing (each a "Marketing Warrant"). |
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| Source:http://www.marketwire.com/mw/release.do?id=1512820&sourceType=3 |
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