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TORONTO, ONTARIO--(Marketwire - Feb. 23, 2012) - On February 22, 2012, Vince Business Corp. (the "Acquiror"), PH 2000 Plaza, Panama City, Panama, acquired 2,777,778 units (each, a "Unit") of TrueContext Mobile Solutions Corporation (the "Corporation") at a price of $0.18 per Unit pursuant to a non-brokered private placement financing of the Corporation (the "Private Placement"). Mercantil Colpatria S.A. of Bogotá, Colombia has beneficial ownership of, or the power to exercise control or direction over the Acquiror. |
