Mint closes debt financing

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    THE U.S./

    TORONTO, Nov. 11 /CNW/ - Mint Technology Corp. (Mint) (TSX: MIT-V)
announced that it has closed the non-brokered private placement of $400,000 of
secured promissory notes, together with 400,000 bonus common shares, announced
on October 27. The proceeds of $400,000 will be used for working capital
purposes, to pay accounts payable, to fund the expansion of Mint's platform
and to support new contracts recently announced.
    The notes will become due and payable on April 30, 2009. One bonus common
share was issued for every $1.00 principal amount under the notes. The bonus
shares are subject to a hold period expiring on March 11, 2009 and have a
deemed price of $0.12 per share.

    ABOUT MINT TECHNOLOGY CORP.

    Mint Technology Corp. ("Mint") is a pioneer in prepaid financial products
and services and is Canada's first provider of prepaid credit card programs.
As a MasterCard(R) Member Service Provider, Mint works with business partners
to customize prepaid credit card programs that are tailored to meet a company
and its card holder's needs. Mint has developed a secure, robust payments
platform that provides an improved means to handle and manage financial
transactions. Mint also provides services for those clients looking to move
towards 'next generation' payment methods that include chip, internet, data
mining and mobile phone load and remittance technologies. Mint's prepaid card
products include general spend for the underserved, youth and employee
payroll. Stock Symbol: MIT, TSX-V.

    THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
    RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

For further information: please visit www.mintinc.com or contact: Mint
Technology Corp.: Chris Hogg, President and CEO, Tel: (416) 581-0001, Email:
chogg@mintinc.ca; Dawn Mandarino, CFO, Tel: (416) 581-0001, Email:
dmandarino@mintinc.ca; CHF Investor Relations: Lindsay Carpenter, Account
Manager, Tel: (416) 868-1079 ext. 239, Email: lindsay@chfir.com; Sasha Abrams,
Associate Account Manager, Tel: (416) 868-1079 ext. 246, Email:
sasha@chfir.com; To receive Company news via email, contact sasha@chfir.com
and mention "Mint news" on the subject line.